Funding

Ace Aquatec Funding News- Scotland-based Ace Aquatec raises €11.7M Funding

May 1, 2025 | By Kailee Rainse

Ace Aquatec, a fish farming technology company based in Dundee, Scotland, has raised £10 million to grow its business. This includes £7.5 million in investment and an extra £2.5 million loan.

SUMMARY

  • Ace Aquatec, a fish farming technology company based in Dundee, Scotland, has raised £10 million to grow its business. This includes £7.5 million in investment and an extra £2.5 million loan.

The funding was led by Stolt Ventures, with support from Scottish Enterprise and Aqua-Spark.

The round was oversubscribed, meaning more people wanted to invest than expected. There's also a short period after the round closes to let additional investors join in.

Nathan Pyne-Carter, CEO of Ace Aquatec, says, “Our customer is at the heart of everything we do, and this investment allows us to meet the needs of farmers globally by expanding our portfolio, hiring top talent, and deepening our data capabilities.”

The new tools will give real-time information to help improve fish welfare from the fish cages all the way to harvest. This will make fish farming more sustainable and profitable.

Aquamarine – Impact Capital Partners, experts in ocean-related investments, were the main financial advisors for Ace Aquatec during the funding round.

Axel de Mégille, Head of Stolt Ventures, says, “This investment demonstrates our ongoing commitment to providing world-class innovative solutions to the aquaculture sector globally, and we look forward to working together with the Ace Aquatec team in setting the highest welfare standards while responsibly meeting the changing needs of customers.”

About Ace Aquatec

Ace Aquatec is a technology company that creates tools for the fish farming industry. They focus on humane and eco-friendly solutions. These tools help fish farms work more efficiently, protect the environment, and improve fish welfare.

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