![]() ![]() The method has been approved for use in Norway, where conventional dredging has been banned for 30 years These include SyAqua, a shrimp-breeding technology specialist a €10 million investment in Brazil-based Tilabras, a leading producer of tilapia and €11 million in land-based Dutch yellowtail producer, The Kingfish Company.Īva Ocean has developed a novel means of harvesting bottom-dwelling seafood, such as scallops, without destroying benthic biodiversity The investment from Convex, an international specialty insurer and reinsurer, means that the fund has now raised €160 million from investors – including Monaco’s sovereign wealth fund, European Investment Fund (EIF), Niklas Zennström, the founder of Skype, as well as €30 million from the investment arm of Ingka Group.Ĭhris Gorell Barnes, co-founder of Ocean 14 Capital, believes the fund is on track to grow its portfolio to between 20 and 25 businesses within three years, having invested in five companies to date. The Luxembourg-based fund, which also received €10 million from family offices and HNWs, now aims to reach €200 million by the end of 2023. ![]()
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