Salmon

Land-based salmon farmer Proximar targets positive cash flow after $17 million funding

By securing this latest financing, led by Grieg Kapital, the company says it will be fully funded for the construction and operations of its Japanese plant.

Salmon produced at the site will be distributed under a deal with Japanese conglomerate Marubeni whose General Manager of the fresh food department is pictured with Proximar CEO Joachim Nielsen (right).
Salmon produced at the site will be distributed under a deal with Japanese conglomerate Marubeni whose General Manager of the fresh food department is pictured with Proximar CEO Joachim Nielsen (right).Photo: Proximar Seafood
Proximar SeafoodJapan
Published 21 April 2023, 09:49Updated 21 April 2023, 13:11