© Gårdsfisk
Founded in 2013 by Johan Ljungquist and Mikael Olenmark, Gårdsfisk has developed a vertically integrated recirculating aquaculture system (RAS) that enables land-based fish farming with minimal environmental impact. By working with partner farmers, Gårdsfisk ensures that its fish, including catfish and trout, are farmed locally and sustainably. Their range of products, including smoked catfish, fish meatballs and trout, is already gaining traction in Sweden as a sustainable alternative to imported seafood.
“This investment comes at a critical time when the demand for sustainable seafood is growing rapidly,” said Johan Ljungquist, CEO of Gårdsfisk, in a press release. “With the support of Hatch Blue and Industrifonden, we can scale our operations, develop new products, and bring locally farmed fish to even more consumers. This is a significant step toward reshaping the seafood industry.”
The funding will enable Gårdsfisk to accelerate growth by expanding production capacity, increasing brand awareness and launching new consumer-focused products. The company aims to double its revenue by 2026 while maintaining its commitment to sustainability.
“Gårdsfisk has impressed us with the high quality of their farming system and their product. It is a truly mission-driven organisation and their commitment to creating a positive environmental impact aligns perfectly with our mission to change the aquaculture food system,” said Georg Baunach, managing partner at Hatch Blue.
“I’m very excited to work with Johan, Mikael and the team to support the next phase of commercial growth,” he added.
“Gårdsfisk is tackling one of the most pressing challenges in food production today: how to meet protein demand without depleting natural resources,” said Karolina Bjurehed, investment manager at Industrifonden. “Their innovative approach to land-based aquaculture makes them a strong fit for our investment portfolio.”
Novax and LRF Ventures, the largest current external investors, are also supporting this round.
