Ocean 14 Capital commits up to EUR 10 million to Ava Ocean
Ocean 14 Capital committed up to EUR 10 million to Ava Ocean for international expansion of its non-invasive seabed harvesting technology.
Evidence notes
- Ocean 14 Capital made its first fisheries-technology investment through the Ava Ocean commitment.
- The investment carries an upper limit of EUR 10 million.
- Ava Ocean planned to adapt its harvesting concept for more countries, vessels and seabed species.
Company context
Ava Ocean develops seabed harvesting technology designed to collect seafood resources while monitoring and protecting marine ecosystems. Founded in Ålesund, the company combines specialised vessels, sensors and precision subsea equipment for selective ocean operations.