PIONEERING offshore farming venture the Kampachi Company has secured equity investment that will help scale up the production of its ocean reared fish in Mexico.
The company announced earlier this week that it had received funding from the Althelia Sustainable Ocean Fund (SOF), a new fund managed by Mirova Natural Capital and dedicated to aligning ocean development and conservation goals.
Hawaii based Kampachi Company, co-founded by Neil Anthony Sims, farms king kampachi (Almaco jack) miles from land, in net pens anchored deep in Mexico’s Gulf of California.
The investment from SOF will help fund sustainable offshore production of king kampachi, a sashimi quality marine fish that will be marketed to restaurants and retailers in Mexico, the United States, Japan, and Europe.
The company now has around 200,000 fish in grow-out pens and its first harvest, of 4-6lb king kampachi, is expected in late March 2019.
Sims said: ‘This investment by Althelia validates the scalable, environmentally sound attributes of offshore kampachi production.’
Picture: Neil Antony Sims