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New Fund Lets Investors Fish for Returns in Farmed Seafood

ImpactIQ, on Bloomberg News. Nov. 14, 2013.

Within a few years, most of the fish we eat will be farmed, not caught.

That could be a boon for already over-stressed oceans. But the worldwide explosion of aquaculture since 1970 has left its own trail of environmental destruction, from toxic concentrations of waste, to outbreaks of disease, to the continued over-harvesting of smaller ocean fish for feeding their penned brethren.

A wave of aquaculture startups are trying to tackle those challenges with better technology and management. Aquaponic, or closed-loop, systems use fish waste to fertilize vegetables. Alternative sources of proteins, from insects to microbes, can substitute for fish meal. Farms are beginning to grow fish safely with fewer chemicals and antibiotics.

Aqua-Spark, a new fund launching this week, is likewise taking a different approach to financing such aquaculture ventures. [Click here for the full article]

The 2013 Competition & News