Gigante raises $18 million to fund rising costs at Norway land-based salmon farm

Another fund raising is also being considered.

Gigante said the net proceeds will be primarily used to fund its projected investment and working capital needs for the construction and operation of the land-based salmon farming site in Rosoy. — Gigante said the net proceeds will be primarily used to fund its projected investment and working capital needs for the construction and operation of the land-based salmon farming site in Rosoy.Photo: Gigante Salmon

Rachel Mutter

Published 12 October 2023, 05:27Updated 12 October 2023, 13:10

Land-based aquaculture Land-based salmon Gigante Salmon Norway