Posts by Robert Outram
Gael Force chief joins Salmon Scotland board
Stewart Graham, Managing Director of aquaculture supplier Gael Force has joined the board of industry body Salmon Scotland. He was unanimously elected to the board at Salmon Scotland’s AGM in Edinburgh today. Graham, founder of the Inverness-based Gael Force Group, brings 40 years of experience in the aquaculture and marine sectors and is a well-respected…
Read MoreAqua-Spark backs Vietnamese shrimp tech business
A trio of investment bodies has put capital into Vietnamese shrimp farming technology business Tepbac. Netherlands-based global aquaculture investment fund Aqua-Spark, global agrifood tech VC AgFunder, and Vietnam-focused VC fund Son Tech Investment have teamed up to invest an undisclosed sum in Tepbac, which supplies shrimp farmers with IoT (Internet of Things)-enabled hardware and a…
Read MoreMowi’s Salmon Wagon back on the road for summer
Mowi Scotland has announced the summer schedule for its “Salmon Wagon”, which raises funds to support good causes at events throughout the country. In summer 2023 the aquaculture leader’s Salmon Wagon is set to attend 10 major events from Rosyth to Kyle of Lochalsh – with stops at Achiltibuie, Appin, Benbecula, Isle of Harris, Isle…
Read MoreGrieg reports another sharp rise in production costs
Grieg Seafood not only harvested fewer salmon during the first part of this year, it also saw a significant jump in its production costs. Presenting its 2023 first quarter trading update, the company announced a harvest of 15,350 tonnes against 16,900 tonnes over the same period last year. However, this output was higher than had…
Read MoreNew tech role for Kingfish Company founder
Ohad Maiman, founder and former CEO of yellowtail producer The Kingfish Company, has taken on a new senior aquaculture role. He has been appointed Chairman of the board of the Israeli high tech company BioFishency, which specialises in electro-chemical and biological filter technology treatments for RAS (recirculating aquaculture systems) plants. Maiman stepped down as head…
Read MoreStart-ups set out their stall at the Blue Food Innovation Summit
The Blue Food Innovation Summit, taking place in London on May 23-24, will present global innovators that are revolutionising blue food production whilst protecting our oceans. With our food system increasingly under stress from conflict and climate change, the summit aims to put blue food, sustainable aquaculture, and restorative ocean practices at the heart of…
Read MoreBenchmark Genetics announces leadership changes
Aquaculture biotech company Benchmark Genetics has announced a major reorganisation of its leadership team, with a new leadership position created to develop its business worldwide. Dr Morten Rye – who previously headed Genetics and Innovation – will take on a new senior role as Director, External Services and Global Strategies, expanding Benchmark Genetics’ provision of…
Read MoreMycoprotein feed start-up raises €11m
A Finnish biotech start-up that aims to produce fungus-based protein for animal and aquafeed has raised €11m (£9.7m) in its latest funding round. The capital raising exercise for eniferBio was led by aquaculture investment fund Aqua-Spark alongside Tesi (Finnish Industry Investment), with Valio, Voima Ventures and Nordic Foodtech VC also joining the round. With the…
Read MoreSalmon Evolution raises half a billion kroner in an afternoon
Salmon Evolution last night successfully completed a private placement, raising more than half a billion kroner in the process. The issue of 68,181,818 new shares in two tranches was only announced yesterday afternoon, but it was soon fully subscribed and brought in a total of NOK 525 million (around £40m). The subscription price was NOK…
Read MoreChilean industry pioneer Jorge Valdés dies at 85
Jorge Fernández Valdés, one of the pioneers of salmon farming in Chile, has died at the age of 85. He had been involved with Chile’s seafood sector since the 1960s and went onto establish the salmon farming company Salmones Camanchaca a decade or two later which developed into a powerful force in the South American…
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