UK-based marine technology company Fishtek Marine on Tuesday announced it raised £900,000 (€1 million/$1.2 million) via the Triodos Bank UK crowdfunding platform. The equity raise for shares in the company will allow Fishtek to develop its range of bycatch-reducing products, conduct more live sea trials and help enhance global awareness of fisheries bycatch issues, the company said.
Incorporated in 2016, Fishtek has developed a range of products aimed at the global commercial fishing industry to reduce damage to fishing gear for fishing fleets, while at the same time deterring bycatch.
