Tilabras Aquaculture, a Brazil-based white fish farming producer, received an over €10M investment from Ocean 14 Capital, a London, UK-based fund that focuses primarily on investing in growth-stage businesses.
The company intends to use the funds to expand its farming base, increasing capacity and efficiency of production, as well as continuing the vertical integration of the group to a new processing plant and hatchery.
Founded by Nicolas Landolt, Tilabras Aquaculture is a vertically integrated producer of Sustainable Tilapia, which is thought to be one of the world’s most sustainable sources of animal protein. The company has developed a planet friendly model for farming Tilapia by focusing on its local impact and sustainable feeds. Tilabras location and production model allows the fish to be fed on a fully sustainable, vegan diet, while minimising the CO2 footprint.
First launched in December of 2021, the Ocean 14 Capital impact investment fund has already made three investments this year. SyAqua, a shrimp breeding technology specialist was among the first beneficiaries of the fund along with AION, a Norwegian plastic management platform that uses proprietary technology to offer ‘Circularity As A Service’ to large-scale industries, and MITO, a clam hatchery and breeding Italian company.
FinSMEs
12/10/2022