With the amount of money sloshing around the global financial system it was only a matter of time before startups in fisheries and aquaculture would become a target for investors.
That, and the transformative power of a simple smartphone in relatively low-tech sectors, means digitization of aquaculture and fisheries has attracted some of the biggest names in startup funding, according to a new report by Aqua-Spark.
"Investments in aquaculture are surging, and this includes significant investment in digital aquaculture farm and supply-chain technology," said Aqua-Spark, one of the world's largest aquaculture investment platforms with some €300 million ($325m) in assets under management.
In its report, Aqua-Spark analyzes the different funding pathways for aquaculture and fisheries startups, from incubator programs and angel investors to series funding rounds. It shows how between 2015 and 2021, sources of funding for startups have broadened to venture capital (VCs) and corporate venture capital (CVCs) funds, and even dedicated aquatech "ocean funds" [...]
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