Gårdsfisk secures 50 million SEK in Series A funding to advance sustainable land-based fish farming in response to growing demand for responsible seafood.

Target Overview

Gårdsfisk, a Swedish innovator in the field of sustainable land-based fish farming, has successfully concluded a 50 million SEK Series A funding round. Co-led by the Blue Revolution Fund of Hatch Blue and Industrifonden, this funding is a pivotal step in the global shift towards more environmentally responsible and resource-efficient food production. Established in 2013 by Johan Ljungquist and Mikael Olenmark, Gårdsfisk has pioneered a vertically integrated recirculating aquaculture system (RAS) that allows for land-based fish farming with significantly reduced environmental impacts.

By collaborating with partner farmers, Gårdsfisk guarantees that its premium fish products, specifically catfish and trout, are farmed sustainably and locally, offering Swedish consumers an ethical source of protein. CEO Johan Ljungquist highlighted the importance of this investment in meeting the escalating demand for sustainable seafood, stating, "This is a significant step toward reshaping the seafood industry."

Industry Overview

The global food industry faces increasing scrutiny regarding sustainability, as there is mounting pressure to lessen reliance on ocean fisheries and minimize carbon footprints. Traditional a