Pioneering RAS technology-driven aquaculture to produce high value marine seafood

The Kingfish Company headquartered in The Netherlands has developed a land-based recirculating aquaculture system (RAS) to become the largest producer of high-value yellowtail kingfish in the European market and paving the way for RAS technology to become a disruptive source of protein in a potential $2.1 trillion global market.

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Traditional aquaculture is insufficient to meet the increasing seafood demand and RAS technology offers an environmentally responsible solution

By harnessing in-house developed land-based Recirculating Aquaculture System (RAS) technology, which protects biodiversity and ensures biosecurity, The Kingfish Company has pioneered the sustainable production of high-quality, high value yellowtail.

 

It is currently the largest land-based producer of yellowtail in the European market, with 3,500 tonnes installed capacity in 2023 and room to nearly double on site.

The Dutch fish farming company is also on track to become the first land-based yellowtail producer in the US.

Sustainability measures include: no antibiotics or vaccines used and the business is powered 100% by renewable electricity including wind-powered, solar and biogas.

Sea water, rather than fresh water, is used at the facilities, and waste water treatment with incorporated solids removal, ensures a safe discharge of outflow water.

While land-based farming and output treatment systems ensure that it is technically impossible for fish to escape and mix with the natural surroundings. 

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Jean Castellini Minister of Finance and Economy of Monaco

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Niklas Zennström

“Builders Vision Fund is excited to be part of Ocean Capital Fund I’s first close. Builders is committed to developing the ecosystem of businesses focused on ocean health and sustainability. We believe the team at Ocean14 Capital have the drive and commitment to lead this impact-focused growth fund for oceans to meaningful market investments that can improve the health of our oceans.”

Peter Bryant Senior Program Officer, Builders Initiative

“Impact investments are an important part of Chr. Augustinus Fabrikker’s investment strategy and with the investment in Ocean 14 Capital Fund I we will total ten impact investments. Our interest in Ocean 14 Capital stems from the importance we see in ensuring sustainable business practices in the ocean to foster future prosperity for this vital part of our ecosystem alongside the unique capabilities we have identified within the team. For this reason, we are delighted to become a cornerstone investor in this exciting venture.”

Claus Gregersen Chief Executive Officer, Chr. Augustinus Fabrikker

“In line with SDG14, our key objective through the Flourishing Ocean’s initiative is to return our ocean to a healthy thriving state. To facilitate this, we are committed to ending overfishing; ending the dumping of plastic, heat and CO2 in our ocean; supporting the sustainable use of ocean resources; conserving key habitats; and facilitating world class research. This is why we are supporting a new venture where the Ocean 14 Capital Fund will invest in projects aligned to our objectives.”

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