Aqua-Spark

Aqua-Spark is an investment fund based in Utrecht, Netherlands, established in 2013. It focuses on sustainable aquaculture businesses worldwide, targeting small to medium-sized enterprises involved in the production of safe and accessible aquatic life, including fish, shellfish, and plants. The fund prioritizes investments that generate financial returns while promoting positive environmental and social outcomes, adhering to a triple impact philosophy. Aqua-Spark emphasizes a long-term investment approach, seeking entrepreneurs who are committed to building and scaling their businesses to address significant environmental and food security challenges. Sustainability is a core requirement for each investee, reflecting Aqua-Spark's dedication to fostering responsible practices within the aquaculture sector.

Thomas Giehm

Investment Manager

Mike Velings

Co-Founder and Board Member

Past deals in Fish

Ace Aquatec

Venture Round in 2025
Ace Aquatec Limited is a company focused on providing innovative technological solutions to the aquaculture and marine industries. Established in 1999 and headquartered in Dundee, United Kingdom, with additional offices in Scotland and Canada, Ace Aquatec specializes in several key areas, including acoustic marine mammal deterrents, humane electrical fish stunning equipment, and underwater 3D cameras for biomass measurement. Their products are designed to enhance animal welfare and promote responsible marine practices. The US3 model of acoustic deterrent serves the fish farming sector by offering advanced features such as data logging and sonar triggering, while the MMD model targets longline fishermen and offshore platforms involved in activities like pile driving and oil spill responses. Through these innovations, Ace Aquatec aims to support sustainable practices in aquaculture and marine operations globally.

Aquarech

Seed Round in 2023
AquaRech is a company focused on enhancing fish farming practices to improve production efficiency and market access for farmers. By developing a fish farming platform, AquaRech aims to reduce production costs and make quality tilapia more affordable, thereby contributing to food security in Africa. The platform provides fish farmers with resources to source quality feed and transition to technology-driven precision fish farming. Additionally, it offers tools to discover new market routes and access credit, empowering farmers to increase productivity and income. AquaRech promotes a community-based aquaculture value chain that fosters equitable trade and supports the growth of local farming communities.

Ace Aquatec

Venture Round in 2023
Ace Aquatec Limited is a company focused on providing innovative technological solutions to the aquaculture and marine industries. Established in 1999 and headquartered in Dundee, United Kingdom, with additional offices in Scotland and Canada, Ace Aquatec specializes in several key areas, including acoustic marine mammal deterrents, humane electrical fish stunning equipment, and underwater 3D cameras for biomass measurement. Their products are designed to enhance animal welfare and promote responsible marine practices. The US3 model of acoustic deterrent serves the fish farming sector by offering advanced features such as data logging and sonar triggering, while the MMD model targets longline fishermen and offshore platforms involved in activities like pile driving and oil spill responses. Through these innovations, Ace Aquatec aims to support sustainable practices in aquaculture and marine operations globally.

Enifer

Series A in 2023
Enifer is a mycoprotein company focused on producing sustainable protein products through fungal fermentation. The company utilizes fish by-products as raw materials to create single-cell protein, which can serve as an environmentally friendly alternative to soy in fish feed. This innovative approach addresses ecological challenges associated with soy cultivation, such as deforestation in South America, while promoting a circular economy by transforming underutilized agricultural byproducts into valuable, nutritious feed. Enifer's products aim to enhance sustainability in fish farming and contribute to more responsible resource management in the agrifood industry.

xpertSea

Series B in 2021
XpertSea Solutions Inc., established in 2009 and headquartered in Quebec, Canada, specializes in developing innovative solutions for the global aquaculture industry. The company's flagship product, XperCount, is a connected device that counts, sizes, and images small aquatic organisms, while its platform generates, stores, and analyzes data about aquatic populations. By combining smart aquaculture equipment with a farm management platform, XpertSea empowers farmers and industry experts worldwide to optimize feed efficiency, reduce environmental waste, prevent diseases, and bring transparency to the supply chain. With customers in over 50 countries, the company's data-driven marketplace also facilitates secure and efficient transactions between shrimp buyers and farmers.

Ace Aquatec

Venture Round in 2019
Ace Aquatec Limited is a company focused on providing innovative technological solutions to the aquaculture and marine industries. Established in 1999 and headquartered in Dundee, United Kingdom, with additional offices in Scotland and Canada, Ace Aquatec specializes in several key areas, including acoustic marine mammal deterrents, humane electrical fish stunning equipment, and underwater 3D cameras for biomass measurement. Their products are designed to enhance animal welfare and promote responsible marine practices. The US3 model of acoustic deterrent serves the fish farming sector by offering advanced features such as data logging and sonar triggering, while the MMD model targets longline fishermen and offshore platforms involved in activities like pile driving and oil spill responses. Through these innovations, Ace Aquatec aims to support sustainable practices in aquaculture and marine operations globally.

Molofeed

Venture Round in 2019
Molofeed (formerly MiniPro) is a Norwegian developer of larval feed for finfish and shrimp based on proprietary, micro-encapsulation technology. The company aims to solve an industry-specific issue of live feed production for fishes- besides being an expensive process, live feed supply is often limited, and adding to the problem is the fact that fish larvae aren’t able to digest nutrients in artificial feed.

BioFishency

Venture Round in 2019
BioFishency Ltd. is an Israeli company that specializes in providing a plug-and-play water treatment system for land-based aquaculture. Founded in 2013 and based in Misgav, the company has developed a cost-effective, all-in-one solution that operates with various aquaculture methods, including extensive, intensive, and recirculated systems. BioFishency's technology addresses key challenges in aquaculture, such as limited water availability and the buildup of toxic ammonia, which can hinder fish growth and survival. By enhancing water conditions, the system allows fish farms to significantly increase production—potentially doubling or tripling yields—while utilizing existing infrastructure. This innovative approach not only boosts profitability for fish farmers but also promotes sustainability by minimizing ecological impact and reducing resource expenditures.

CageEye

Venture Round in 2018
CageEye is an agricultural technology company with extensive experience in instrumentation and hydroacoustics, focusing on the aquaculture sector. The company specializes in developing monitoring tools and hydroacoustic analysis solutions that provide real-time and historical data on fish behavior and feeding patterns, particularly in salmon farming. By leveraging advanced technology and data analysis, CageEye enables aquaculture operators to optimize their seafood production sustainably and responsibly. Their approach enhances fish welfare, reduces feed waste, and supports sustainable practices within the industry.

xpertSea

Series A in 2018
XpertSea Solutions Inc., established in 2009 and headquartered in Quebec, Canada, specializes in developing innovative solutions for the global aquaculture industry. The company's flagship product, XperCount, is a connected device that counts, sizes, and images small aquatic organisms, while its platform generates, stores, and analyzes data about aquatic populations. By combining smart aquaculture equipment with a farm management platform, XpertSea empowers farmers and industry experts worldwide to optimize feed efficiency, reduce environmental waste, prevent diseases, and bring transparency to the supply chain. With customers in over 50 countries, the company's data-driven marketplace also facilitates secure and efficient transactions between shrimp buyers and farmers.

Love The Wild

Series A in 2017
Love The Wild creates exciting dinner solutions that are not only delicious, nutritious, and ecologically responsible. It sells an easy frozen kit of sustainable fish and bold sauce in the grocery store. Its customers are fish lovers who don’t always have time to cook from scratch or anyone who has been afraid to try cooking fish at home. They believe they can make a difference just by making dinner. It aims to make life better for oceans and people by taking the intimidation and risk out of exceptional fish dinners. As leaders in the aquaculture movement, they partner with and support farmers we trust to source only the highest quality sustainable fish, freeze it fresh, then pair it with vibrant ingredients from cuisines around the globe.

Matorka

Venture Round in 2016
Matorka is a leader in the production of sustainable seafood, focusing on land-based farming of salmonids to meet global demand for high Omega-3 content fish. The company's operations are powered by clean geothermal energy, ensuring environmentally friendly practices throughout the farming process. Unlike traditional cage farming, which often relies on chemicals and antibiotics, Matorka employs a sustainable approach that avoids the use of these substances, maintaining a carbon-neutral status. Their fish are fed a specially formulated diet without growth hormones or genetic modification, aimed at producing the healthiest fish possible. With production facilities in Iceland and headquarters in Switzerland, Matorka is committed to setting a standard in the aquaculture industry for sustainable practices, contributing to the reduction of ocean acidification and global warming.

Sogn Aqua AS

Venture Round in 2016
Sogn Aqua AS produces halibut.

Chicoa Fish Farm

Venture Round in 2015
Chicoa Fish Farm, founded in 2017 and based in Maputo, Mozambique, specializes in the production and supply of tilapia fish. The company aims to support the aquaculture industry by providing a sustainable and vertically integrated solution. It focuses on offshore breeding, meticulous genetic selection, and sustainable husbandry practices to produce a nutritious protein source. By emphasizing low feed conversion ratios, Chicoa Fish Farm enables small-scale farmers to engage in cost-efficient and environmentally friendly fish production while maintaining a low carbon footprint.
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