Poseidon Ocean Systems, a B.C. company that has developed a more efficient, environmentally sustainable fish farming system, has landed $28 million in Series B financing that will help the company expand its manufacturing capacity.
Leading the Series B raise was San Francisco-based impact investing firm Ecosystem Integrity Fund. InBC Investment Corp and Export Development Canada are also part of the Series B financing.
“An environmentally sustainable aquaculture industry is critical to relieving pressure on wild fisheries”, Ecosystem Equity Fund managing partner James Everett said in a press release.
“EIF is excited to lead Poseidon’s Series B financing, as we believe the company’s innovations can play an important role in minimizing
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