AQUACULTURE TECHNOLOGY REPORT | February 2023

Aquaculture technology – a big factor in further increased seafood production

As seafood exports increase at a rapid pace within the Nordics, technology is a key factor to solve the challenges the industry is facing. Many technology companies within aquaculture have already received financing or backing in some way by private equity or venture capital funds, but some exciting companies still remain untouched and are prime targets for acquisition.

The aquaculture industry is currently facing challenges regarding de-licing, escaping seacages, salmon death rates and pollution. Technology in the aquaculture industry is addressing all these challenges and by solving them, the degree of utilization will increase exponentially in the years to come.

Both start-ups and established companies are offering interesting solutions and products in this attractive niche, hence the high share of PE and VC investors.

In the report, we address the value chain performance and M&A market moves, as well as the investor market for aquaculture technology and valuation trends.

Nordic aquaculture technology transactions have steadily increased over the last 10 years