Up to EUR38.5m equity and existing venture-debt package · Foodtech
Oceanloop announces financing package of up to €38.5 million
New equity from Hatch Blue and Stolt Ventures accompanies a €32 million EIB venture-debt facility.
The EIB facility was signed in October 2024 and amended in July 2026 to include Giant Grouper farming. The announced total therefore combines new equity commitments with existing debt financing.
Oceanloop began selling Giant Grouper from its Strande site in April through sister company Honest Catch. The next production site is intended to demonstrate a larger commercial operation and provide operating data for subsequent farms.
Use of funds
Build a 250-ton annual-capacity Giant Grouper farm in Kiel
Develop a planned 2,000-ton farm on Gran Canaria
Develop and replicate land-based marine aquaculture technology
Funding history
Up to EUR38.5m equity and existing venture-debt package · This round≤€38.5M