Private equity firm Ocean 14 Capital Fund has signed a deal to purchase the controlling share of SyAqua, a leading shrimp genetics and nutrition company. The funding company intends to make an initial investment of US$12 million in the shrimp breeder.
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German food and agritech startup, Aquapurna, is joining forces with RAS designer, Billund Aquaculture, to develop a new land-based shrimp farm project. The company says it hoped to “develop the most advanced method of land-based shrimp farming.”
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As research director at the Marine Biotechnology Department at Nofima, Jan Erik Olsen will head Biotep, Nofima’s pilot facility in Kaldfjord outside Tromsø, in Norway. Nofima’s goal is to help boost sustainable food production from both sea and land.
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