Poseidon Ocean Systems Secures $20.75 Million in Series B Funding For New Aquaculture Technology
Salmon aquaculture company Poseidon Ocean Systems has secured $20.75 million in Series B financing. This second round of financing is through the Ecosystem Integrity Fund (EIF), InBC Investment Corp., and Export Development Canada.
The funding will allow Poseidon to broaden relationships with farmers in Canada, Chile, and the UK, while also providing the Vancouver-based company with the ability to explore new markets.
The goal is to boost Poseidon’s manufacturing capacity and grow its Hybrid Sea Cage Systems, which are designed for...
To Read Full Story Login Below.