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, in a package of up to €38.5 million.
The EIB signed the facility on 7 October 2024 and amended it on 20 July 2026 to include Giant Grouper. Hatch’s Blue Revolution Fund joined as equity lead. Stolt, the investment arm of Stolt-Nielsen, also joined. The company did not break out the equity commitments.
The company will use the capital to scale the platform, including a farm of about 250 tonnes a year at Strande, near Kiel, and a larger commercial plant on Gran Canaria.
Oceanloop, led by Founder and Chief Executive Dr Fabian Riedel, develops software-driven recirculating aquaculture systems. It was formed in 2023 from Crusta Nova and the marine RAS businesses of Sander, Förde Garnele and neomar, and is based in Munich with operations in Germany and Spain.
Riedel said the financing, with Hatch, Stolt and the EIB, gives the company the foundation to scale from proven technology into an international aquaculture platform.
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 bank put the wider project cost at about €139 million. It said at signature that the financing was expected to attract other investors. The July amendment extends that facility rather than originating a new loan.
The financing is backed by InvestEU. The EIB describes venture debt as long-term financing that combines a loan with instruments linked to company performance, typically between €10 million and €50 million for European SMEs and mid-caps that have already raised equity from professional investors.
Hatch manages the Blue Revolution Fund, a €92 million aquaculture vehicle that reached final close in September 2024. The fund invests from seed to Series A. Stolt Ventures is the venture investment arm of Stolt-Nielsen.