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US investor backs barramundi farmer, after narrow escape from bankruptcy

After falling into administration, possibly due to a poorly planned international expansion, Cell Aqua has found support from a US venture capital firm, and is looking to raise AUD 3m

By Neil Ramsden | Aug. 22, 2013 14:47 BST
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Barramundi. Photo: Ryan Zoghlin
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Having found a new financial partner after filing for administration, Australian barramundi producer Cell Aquaculture is looking to raise AUD 3 million ($2.7m) to recapitalize and reinstate on the Australian stock exchange (ASX). [...]

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