Oceanloop has amended its existing €32 million European Investment Bank venture debt facility and added equity from Hatch Blue's Blue Revolution Fund and Stolt Ventures.
The package totals up to €38.5 million. Hatch Blue Revolution Fund joined as equity lead, while Stolt Ventures, the investment arm of Stolt-Nielsen, also participated. The company did not break out the equity commitments.
The EIB signed the original facility on 7 October 2024 and amended it on 20 July 2026 to include Giant Grouper. The July amendment extends the existing facility rather than originating a new loan.
Oceanloop will use the proceeds to scale its platform, including a farm of about 250 tonnes a year at Strande, near Kiel, and a larger commercial plant on Gran Canaria.
Founder and Chief Executive Dr Fabian Riedel said the financing with Hatch, Stolt and the EIB gives Oceanloop the foundation to scale from proven technology into an international aquaculture platform.
Munich-based Oceanloop develops software-driven recirculating aquaculture systems and has operations in Germany and Spain. It was formed in 2023 from Crusta Nova and the marine RAS businesses of Sander, Förde Garnele and neomar.
The EIB first published the operation in October 2024 as venture debt for Oceanloop Management GmbH, to fund research and development in Germany and expansion to Gran Canaria. The wider project cost was about €139 million, with the financing expected to attract other investors.
The facility is backed by InvestEU. The EIB describes venture debt as long-term financing that combines a loan with instruments linked to company performance, typically for European SMEs and mid-caps that have already raised equity. Hatch manages the €92 million Blue Revolution Fund, which held its final close in September 2024 and invests from seed to Series A.