Norway-based Nordic Aquafarms raised NOK 88 million ($8.5 million/€7.8 million) in capital in a new share issue April 17.
"The transaction received strong support from existing shareholders as well as selected new high-quality investors, which demonstrates the strength of Nordic Aquafarms’ concept and strategy even in a volatile market," according to a LinkedIn post.
Nordic Aquafarms reported on LinkedIn it conducted its first test harvest in Fredrikstad Seafood's processing facility this week. The company will be offering its salmon for commercial sale in a few weeks, it added.
Certain restaurants and specialized shops together with investors and employees were given samples to test, and feedback on the quality of the fish was positive, the company added.