Aqua Spark sets sights on South East Asian aquaculture market
March 25, 2022 By Nestor Arellano
Global aquaculture investment firm Aqua Spark is extending its reach in Asia with the opening of a office in Bangkok, Thailand. The Bangkok office is the fund’s first office outside of The Netherlands.
The Ultrecht, Netherlands-based fund invests $295,000 to $5.9 million in small-to-medium sized sustainable aquaculture businesses around the world. It aims to create a positive social and environmental impact in the safe production of seafood and plants.
The new location will focus on deal sourcing for the main fund headquartered in The Netherlands and improving Aqua-Spark’s market intelligence in South East Asia with a focus on dealflow.
The company said it chose Bangkok because the city has a growing agri-food start-up ecosystem and is a key hub in global seafood supply chains.
Bangkok is the home base for some of the largest global seafood conglomerates and leading research institutes. Thailand also has a large $43 billion domestic agri-food and aquaculture industry with a total aquaculture output of 890,000 metric tons per year.
“Bangkok and the regional aquaculture ecosystem have been very welcoming. We look forward to participating while expanding our own ecosystem and dealflow pipeline,” said Tom Prins, head of dealflow at Aqua-Spark. “Exciting new business models changing the way we produce, trade, and consume our seafood are finding more traction in Asia than anywhere else.”
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