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Atlantic salmon

Proximar secures additional $7m funding ahead of first salmon harvest

Proximar Seafood has secured JPY 1bn in loans from Japanese banks as it prepares for Japan's first domestically grown Atlantic salmon harvest on Sept. 30.

By Masahiko Takeuchi | Sept. 18, 2024 10:03 BST
Proximar's Atlantic salmon. Credit: Proximar Seafood
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Proximar Seafood, a recirculating aquaculture system (RAS) farmer producing Atlantic salmon in Japan, announced on Wednesday, Sept. 18, the signing of two new loan agreements with Japanese banks, securing JPY 1 billion ($7 million) in additional funding. [...]

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