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#aquaculture #sustainability #impact |
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ENHANCING SUSTAINABLE AQUACULTURE |
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As global demand for fish continues to rise, marine ecosystems face increasing pressure from overfishing and unsustainable aquaculture practices. According to the Food and Agriculture Organization (FAO), over 90% of the world’s fish stocks are either fully exploited or overfished, leading to significant ecological damage and threatening food security for millions.
Icelandic startup Laxey, founded in 2017, focuses on utilizing land-based aquaculture systems to farm high-quality salmon. These systems significantly reduce the environmental impact by eliminating the need for ocean-based net pens, which are often associated with habitat destruction and pollution. Laxey's technology ensures that the water used in their systems is continuously recycled and purified, minimizing waste and preventing the spread of diseases to wild fish populations. The firm has recently closed a EUR 6 Mln equity private placement.
Next Tuna, a German company founded in 2019, focuses on the breeding and farming of the Atlantic bluefin tuna, a species particularly vulnerable to overfishing. Their approach involves breeding bluefin tuna in captivity. By closing the life cycle of bluefin tuna in floating facilities, the startup aims to provide a sustainable alternative to wild-caught tuna, reducing the pressure on wild populations while fostering responsible breeding, protection and farming of the species. |
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Ininite Reality, a leading company in the immersive technology space, has recently acquired LandVault, a firm specializing in metaverse solutions. The transaction marks a significant milestone in the evolving landscape of digital and immersive experiences.
LandVault develops cutting-edge virtual environments and metaverse technologies that cater to various industries, including gaming, real estate, and education. With this acquisition, Infinite Reality aims to integrate these solutions into its existing platform, enhancing its ability to offer comprehensive immersive experiences to clients worldwide.
The acquisition aligns with Infinite Reality’s strategic vision of becoming a global leader in the immersive technology sector.
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Roboat raises EUR 500 K to transform inland waterway transport with fully autonomous boats
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Roboat, an Amsterdam-based startup and spin-out from the Amsterdam Institute for Advanced Metropolitan Solutions (AMS Institute), has recently secured a EUR 500 K round led by LUMO Labs and SHIFT Invest.
Established in 2023, Roboat focuses on the development of fully autonomous boats designed to navigate and transport goods and people through inland waterways. Their technology leverages advanced sensors, AI, and navigation systems to create a seamless and safe water transport experience, offering an alternative to traditional road transport.
The new funds will accelerate the deployment of their autonomous boats in Amsterdam and other cities with extensive waterway networks. The company intends to invest in scaling up production, refining their AI technology, and expanding their team of experts in robotics and urban mobility.
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Seaya closes a EUR 300 Mln Climate Tech fund Andromeda
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Seaya, a European venture capital firm, has successfully closed its ClimateTech fund, Andromeda, raising EUR 300 Mln.
The Andromeda fund aims to foster innovation in climate technology, focusing on sectors crucial for environmental sustainability. These sectors include renewable energy, sustainable agriculture, and circular economy solutions.
Seaya's Andromeda fund not only provides financial backing but also offers portfolio companies access to a vast array of expertise, operational support, and an extensive network.
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