Seafood-focused private equity group invests in aquaculture tech company

The investment is made through a purchase of shares from current Seacloud shareholders and a NOK 20 million (€1.9 million/$2 million) capital injection that will be used to finance growth in Norway and internationally.

“We have so far only seen the tip of the iceberg of how sensor data can be applied as a valuable management tool for the fish farming industry," Bluefront Equity’s Partner Kjetil Haga said. — “We have so far only seen the tip of the iceberg of how sensor data can be applied as a valuable management tool for the fish farming industry," Bluefront Equity’s Partner Kjetil Haga said.Photo: Kjetil Haga

Published 2 December 2022, 14:53Updated 2 December 2022, 17:12

Mergers & Acquisitions