Agriloops develops and operates large-scale saltwater aquaponic farms that combine shrimp (gambas) production with horticulture. The company announced it closed a €13 million fundraising round to support deployment of its first commercial farm, Mangrove#1, on a new site near Rennes. Mangrove#1 sits on more than one hectare and includes a 2,000 m2 aquaculture building and an attached 5,000 m2 greenhouse. The demonstrator is expected to produce more than 100 tonnes of gambas and fruits and vegetables per year and will be among the largest aquaponic farms in Europe. Agriloops positions itself as a pioneer and leader in saline aquaponics and plans to start first productions in the spring. The company is recruiting to scale operations and thanked its investors for enabling this next development phase.

Total raised

$14M

Funding rounds

1

Latest round

Equity

Latest activity

Feb 2024