© Oxzo
The partnership builds on investments from Fiordo Austral and Altis, positioning the company to expand its operations globally.
Based in southern Chile, Oxzo has developed patented technology in oxygenation and aeration systems. It provides fully automated systems for producing oxygen, air, and ozone for the aquaculture industry, both at sea and on land. The company’s advanced systems, such as the Oxymar automated pontoons and Oxymovil mobile oxygen generation units, are designed to enhance farming operations by increasing production efficiency and reducing fish mortality.
According to independent industry data, the company’s solutions in Chile have delivered biomass increases of 5 percent to 10 percent, cost reductions of up to 5 percent, and a reduction in fish mortality of more than 24 percent.
International growth
In Norway, Oxzo contributes to improving animal welfare and addressing the sector’s main health challenge – the proliferation of sea lice – through solutions that reduce fish stress and mortality.
Meanwhile, in Canada, the company’s systems support the industry’s adaptation to new regulatory standards, fostering sustainable aquaculture growth in harmony with marine ecosystems. These technologies offer an efficient and sustainable alternative to options such as land-based grow-out facilities or closed containment cages, thereby helping to preserve the sector’s economic and environmental viability.
“At S2G, we see aquaculture as a cornerstone of the global protein system, one that must evolve to meet rising demand while protecting ocean ecosystems,” said Larsen Mettler, managing director of S2G’s Oceans Investment team, in a press release. “Oxzo’s innovations in oxygenation and aeration directly advance that goal by improving productivity, fish welfare and aquatic environments at scale. We believe its solutions are becoming foundational to the industry’s ability to operate efficiently and sustainably, and we are delighted to partner with Oxzo’s management team, which combines deep technical knowledge with a clear vision for transforming aquaculture globally.”
Rafael Ariztia, chairman of Fiordo Austral and Oxzo, said: “We are proud to welcome S2G as an investment partner. Their participation aligns perfectly with Oxzo’s strategy to grow in international markets and represents a great opportunity, granting access to highly qualified teams, top-level information, and global networks.”
With approximately $2.5 billion in committed capital, S2G has invested in more than 100 companies across five continents. The firm launched its Oceans strategy in 2020 and has since invested in 18 portfolio companies across the ocean value chain. The partnership with Oxzo marks the firm’s second investment in a Latin American company.
