Danish insect meal plant secures €50m funding for expansion
Danish insect meal producer Enorm Biofactory has raised €50m to scale up its plant in Denmark to 11,000t of annual production
‘Tired’ Danish magnate sells vessel, quotas after 2021 prosecution
Henning Kjeldsen says he has sold all his rights to land pelagic fish, as well as the new vessel Gitte Henning, which is still under construction
Indonesia’s Aruna raises further $30m in effort to expand global presence
The digital platform has now raised $65m over two successive funding rounds in the space of six months
Dutch bank backs Aqua-Spark with new biodiversity fund
ASN Biodiversity fund will allow investors to get involved for a minimum of €20 only, money that will be used to help finance some of Aqua-Spark's projects
2021 seafood M&A passes $6.5bn after explosion of outside investment
A remarkable 43% of all buyouts, mergers, investments and capital raises in the seafood sector were led by investment funds and private equity during 2021
Blue Harvest in talks with two firms to sell three US scallopers
In December, Undercurrent reported Blue Harvest had listed three vessels for sale but was looking to sell two; however, it now seems all three will be sold
US fishmeal alternative maker Calysta names new science, sustainability officer
Calysta has said that they are on the verge of developing the world’s industrial-scale aquafeed-replacement facility with global nutrition company Adisseo in China
SVN leads way as listed Icelandic fishing firms’ values soar
Sildarvinnslan, which only listed in May 2021, has seen its share price rise more than 50% in the interim
Vietnamese pangasius firm’s Q4 profits drop 38% on shipping costs
Navico's full-year profits after tax were also down 37% at VND 127.9 billion, or $5.6m, while Q4 also saw construction commence on its collagen and peptide plant
Norway’s Baring soon to start building 24,000t land-based salmon farm
The company is ready to build its recirculating aquaculture system, supplied by Billund, in Farsund, on the southern tip of Norway
