Investment in seafood-related startups appears to be gathering steam with increased awareness of the huge market possibilities. What would you estimate to be the level of investment in seafood-related start-ups last year? Do you expect a steeper growth curve this year?.
While I have not seen investment numbers of seafood-related startups broken out, our experience with Fish 2.0 demonstrates that seafood investment interest is rising. In just four deals we tracked in the first half of last year, over US$75 million in capital flowed to growing seafood companies at various stages of development. There are several areas of seafood where investment interest is currently strong, including consumer packaged goods, new fish feeds and algae products. In our experience with Fish 2.0, we have seen investor interest rise each year, and we expect the upcoming years to continue that trend.
Tags: From the Founder