© SEAentia
SEAentia, which was founded in 2017, seeks to corner the market for commercial production of meagre in Europe, utilising RAS technology to control the entire production cycle. With these new funds, invested by the Mar2030 Programme and Indico Capital Partners’ Blue Fund, the company aims to strengthen its team and advance the industrial phase of its ambitious project.
"This investment from Indico and the support from Mar2030 will make possible the world’s first meagre production facility using recirculating aquaculture systems. This will enable us to meet growing demand and export this species on a large scale with high quality," said João Rito, President of SEAentia, in a press release.
Rito hopes for the company to begin commercial production in its RAS facility by 2028.
"We are excited to support the sustainable production of meagre. It is inevitable that the majority of fish consumed on the planet will come from aquaculture, just as most land-based species are farmed rather than wild, but we must ensure that the future of aquaculture is synonymous with quality and sustainability - something we found in SEAentia," commented Stephan de Moraes, President of Indico Capital Partners.
