The shrimp sector is not awash with professional investors, but French asset management firm Mirova decided to buck that trend by investing in Indonesian shrimp farming management platform Jala.

Last month, Jala raised $6 million (€5.3 million) in fresh investment from US-based Meloy Fund, Japan-based Real Tech Venture Capitalist Fund and Mirova.

Mirova, which acted as lead on the round, invested via its Althelia Sustainable Ocean Fund1.

Mirova closed the Althelia Sustainable Ocean Fund in May last year after raising $132