November 22, 2024 - AquaManager has announced a strategic partnership with Ocean 14 Capital to enhance sustainability and efficiency in the global aquaculture industry. This collaboration aims to leverage technology, data and automation to support aquaculture producers in adopting more sustainable practices.
Kostas Seferis, Founder of AquaManager, emphasised that the partnership goes beyond financial investment, aligning both companies' values and vision to reshape the aquaculture sector. "By combining their commitment to the blue economy with our technology, we're creating solutions that will leave a lasting impact," Seferis stated.
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Aquaculture plays a critical role in meeting the global demand for high-quality protein. The Food and Agriculture Organisation (FAO) predicts that aquaculture will contribute 106 million metric tonnes of fish by 2030, a 32% increase from 2020 levels. As the population rises and the demand for 'blue foods' grows, aquaculture is poised to become even more vital in providing sustainable food sources.
The global aquaculture market, valued at $263 billion in 2021, is expected to grow to $401 billion by 2030. Advanced technologies, including IoT, AI and automated systems, are becoming essential for improving farm efficiency, reducing costs and ensuring sustainability.
This partnership with Ocean 14 Capital represents more than just investment. It combines AquaManager's expertise in technology with Ocean 14 Capital's focus on impact-driven investment to drive growth in the sector. The collaboration will help producers optimise operations from hatchery to harvest, supporting the global aquaculture industry's transformation.
"We are investing in the future of the blue economy," said Francisco Saraiva Gomes, CIO at Ocean 14 Capital, highlighting the transformative potential of AquaManager's technology.
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The Aquaculturists
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