COMPANY

SEAentia Nets €16 Million for Pioneering Commercial Meagre Production Using RAS

Peniche, Portugal, 3 March 2025 | Indico Capital Partners and the Mar2030 Programme back SEAentia's mission to scale up sustainable fish farming

SEAentia - equipo

SEAentia has secured a €16 million funding boost to enhance the commercial production of meagre (Argyrosomus regius) using a Recirculating Aquaculture System (RAS). This investment comes from a blend of resources from Indico Capital Partner’s Blue Fund and the Mar2030 Programme.

As previously reported by misPeces, SEAentia was established in 2017 by a group of acedemics and entrepreneurs in Peniche, a town that has become pivotal to Portugal’s aquaculture sector. The company has been at the forefront of developing recirculated meagre production.

João Rito, Presidente of SEAentia, expressed his delight at the project’s progress, stating, “This investment from Indico and the support from Mar2030 will enable the world’s first meagre production facility using a recirculating aquaculture system. This will allow us, “Rito announced, “to meet the growing demand and export this species on a large scale with high quality.”

The RAS has not only been crucial for SEAentia’s sustainable aquaculture development but has also served as a platform for research and development, facilitating significant advances in meagre nutrition and welfare. “Our reach extends beyond improving production of this species in intensive aquaculture systems. We also aim to explore new market opportunities for our developments, including the valorisation of by-products,” added Rito, highlighting the company’s comprehensive vision.

This funding will enable SEAentia to scale up its production to 700 tonnes annually of high-quality meagre, within a completely controlled and sustainable environment. “It’s inevitable that the majority of fish consumed globally will come from aquaculture, much as most land-based species are farmed rather than wild. However, we must ensure that the future of aquaculture is synonymous with quality and sustainability-a standard we’ve found in SEAentia,” commented Stephan de Moraes, President of Indico Capital Partners.

With this investment, SEAentia not only reaffirms its commitment to innovation and sustainability but also positions itself to lead the market in the commercial production of meagre using RAS systems, thus ensuring a greener and more prosperous future for global aquaculture.