Munich-based Oceanloop nets up to €38.5 million to scale its land-based aquaculture technology
Oceanloop, a Munich-based 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. 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…
Munich-based Oceanloop has raised up to €38.5 million to expand its land-based aquaculture technology for premium marine seafood. The financing, led by Hatch Blue's Blue Revolution Fund and Stolt Ventures, includes a €32 million venture-debt facility from the European Investment Bank. Dr. Fabian Riedel, Oceanloop's founder and CEO, stated that the funding will enable the company to scale its technology and bring Giant Grouper farming to an international platform.
Oceanloop's land-based RAS technology combines proprietary engineering, marine biology, water treatment, and digital monitoring to create efficient and sustainable farming operations. The company's sister brand, Honest Catch, serves private consumers and gastronomy partners in Germany and Austria. Oceanloop's first European farm, located in Strande near Kiel, began commercial production in April 2026, producing 20-30 tons of Giant Grouper annually.
The company plans to build a 250-ton farm in Kiel by the end of 2026 and a 2,000-ton facility on Gran Canaria, scheduled to begin construction in 2029. Giant Grouper will be the company's lead species, offering a premium and sustainable alternative to long-distance seafood imports.
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