Investment firm Pilar Capital says it was nearing launch when the Norwegian government announced a proposed 40 percent tax on the country's salmon industry.
The firm, based in northern Norway, was close to raising sufficient funds to receive a matched contribution from the Norwegian government of NOK 200 million ($19 million/€19.2 million), but says now investors are backing away.
"Several of our investors now don't think it is possible to participate.
