Offshore aquaculture investment fund Cuna del Mar said it will continue spending heavily on offshore aquaculture and species development projects, as the world looks for solutions to feed a rapidly growing population.

Backed by members of the Walton family, owners of the Walmart supermarket empire, the fund has so far invested well over $100 million (€89.6 million) in projects.

“And we have a lot more to spend yet,” Cuna del Mar Managing Director Robert Orr told attendees at IntraFish’s Investor Forum in New York in late May.