Ecosystem Integrity Fund
Assembly Line
Series B funding success for Poseidon Ocean Systems
Poseidon Ocean Systems, a producer of infrastructure and technology solutions for salmon aquaculture, has announced the completion of a $20.7 million series B financing round led by Ecosystem Integrity Fund.
The aquatech company plans to use the funds raised to support the Company’s growth and delivery of their innovative Life Support Systems and Hybrid Sea Cage Systems, whilst also increasing their manufacturing capacity. Through these technologies, Poseidon aims to provide a compelling value proposition for modern salmon farming operations; increasing yields, reducing operating costs and improving environmental outcomes.
Poseidon provides aquaculture solutions, such as aeration technology and innovative sea cage systems, to some of the world’s largest salmon farmers, and this new funding will enable the company to continue their expansion into global markets; deepening their relationships with Canadian, Chilean and UK farmers, whilst also exploring new markets.