Norwegian private equity firm Bluefront Equity closed the books on its first fund early due to significant interest, reaching NOK 1 billion (€101.2 million/$114.6 million) for investments dedicated to sustainable seafood production.

The Oslo-based group invests in companies with products, services and technologies to help foster a more sustainable seafood value chain, including digitalization and automation, hygiene systems, increased quality and traceability, improved fish health and welfare, and innovative production methods.

“We have plenty of available capital and will now dedicate all our time to investments.