Oceanloop, a German aquaculture technology company developing software-driven recirculating aquaculture systems (RAS), has secured up to €38.5 million to scale its technology and expand production of Giant Grouper in Europe.
After several years of biological and technical development, Oceanloop has become the first company to farm Giant Grouper in Europe.
Sales from its existing land-based farm in Strande near Kiel began in April 2026 through Oceanloop’s sister company Honest Catch, marking the transition from R&D to commercial production.
“The existing facility is expected to supply approximately 20 tons in 2026 and around 40 tons in 2027,” said Oceanloop.
“The new financing will support Oceanloop’s next stage of growth: construction of a 250-ton farm in Kiel starting by the end of 2026, followed by a 2,000- ton commercial facility on Gran Canaria, with construction currently planned to start in 2029.
“The financing combines new equity commitments from Hatch Blue’s Blue Revolution Fund and Stolt Ventures, the venture investment arm of Stolt-Nielsen, with a €32 million venture-debt facility from the European Investment Bank.
“The EIB financing is backed by the European Union’s InvestEU program and supports Oceanloop’s research, development and commercial expansion in Germany and Spain.
“The capital will enable Oceanloop to enter the next phase of its European scale-up strategy: transforming more than a decade of operational, biological and engineering experience into a repeatable platform for commercial land-based marine aquaculture.”
Dr. Fabian Riedel, Founder and CEO of Oceanloop, said: “This financing marks the beginning of Oceanloop’s industrial scale-up.
“Together with Sander Aqua, we have spent more than a decade developing, operating and continuously improving land-based marine aquaculture systems.
“With Hatch Blue, Stolt Ventures and the European Investment Bank, we are bringing together specialist aquaculture investment expertise, decades of commercial seafood experience and long-term European growth financing. This gives us the foundation to scale Oceanloop from proven technology into an international aquaculture platform.”