RAS Company Oceanloop Raises Up to $44.8M to Build Europe's First Commercial Giant Grouper Farm

German aquaculture technology company Oceanloop has secured up to €38.5 million ($44.8 million) to scale its recirculating aquaculture system (RAS) platform and expand production of Giant Grouper—a species it has already begun selling commercially, making it the first company to farm the fish in Europe.
The financing combines new equity from Hatch Blue's Blue Revolution Fund and Stolt Ventures, the venture arm of Stolt-Nielsen, with a €32 million venture-debt facility from the European...
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