Risk capital is an important part of innovation-driven growth and we are proud to welcome Farvatn and Momentum as our first two cluster members with a mandate to invest in seafood growth companies.

Early-stage investors make it possible to deliver on the ambitions of an entrepreneur; starting a business, develop products or services that the industry needs, and to help establish and boost sales. NCE Seafood Innovation acknowledges risk capital as an important part of the innovation ecosystem and has established a new member category for seafood investors.  We believe in matching entrepreneurs and startups with the right investors willing to provide competent capital and help build sustainable businesses.

“Farvatn has Ocean as one of our investment verticals. We do address Ocean investments through the various stages of a lifecycle of a company – by investing in the early stage of Startups, later stage through Private Equity projects, and as well as covering the more mature phase through Listed Companies. NCE Seafood Innovation is a valuable asset for us in respect to education as well as networking within the seafood industry” says Johan Odvar Odfjell, owner and board member of Farvatn.

“We in Momentum see vast opportunities for further value creation in the seafood industry, based on Norway’s comparative advantages in the ocean. We also see industry-wide challenges to be solved in order to secure sustainable growth. That is why we have chosen aquaculture as a strategic focus area for our new venture fund. We look forward to further strengthening our knowledge and network in all parts of the industry, and hope to contribute positively to the cluster’s important efforts,” states Hilde Støle Pettersen, partner in Momentum.

We are confident that our innovative ecosystem will benefit from the experience and knowledge these companies represent, and also that cluster will add value to their work. We look forward to collaborating with both Farvatn and Momentum going forward!