Irish-owned venture capital firm establishes seafood investor network

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Hatch Blue enters into a strategic cooperation agreement with law firm Thommessen to establish an investor network for seafood and aquaculture. The aim is to attract more investors to a fast-growing sector.

“We are very pleased to use the expertise and network of Thommessen to establish this network. Hatch has established itself as an aquaculture venture company, and we want more investors from Norway to the sector. We have over a thousand companies in our database and weekly we get inquiries from new interesting technology companies to add. We hope to contribute with our venture experience and get more investors to explore investment opportunities in a strongly growing aquaculture market,” said Hatch Blue co-founder and managing partner Carsten Krome in a press release.

Hatch Blue is 75 per-cent owned and controlled, by the Irish company Hatch Accelerator, which in turn is part-owned by the Dutch private equity fund Aqua-Spark. Aqua-Spark is among other things is a major owner in much-discussed CageEye.

“We are seeing a huge interest from investors to seafood and the aquaculture sector. Merkur Markets is setting a seafood record on the Oslo Stock Exchange and we are seeing an exciting development of new technology companies that are now establishing themselves here in Norway. We hope that this collaboration can help attract more private capital into an industry where Norway has global comparative advantages,” said partner Mons Alfred Paulsen from Thommessen.

The network will host a series of investor meetings in four cities across Norway.

“We want to offer investors the opportunity to help build Norway’s new leading technology sector. Norway already has a leading seafood position and we have all the prerequisites for building a strong technology industry. Hatch assists investors globally in building an investment strategy and aquaculture portfolio. We hope that our experience can help inspire more Norwegian investors to invest in the seafood sectors,” said Hatch innovation manager Tanja Hoel.