Three-Sixty Aquaculture funding news – Swansea-based Three-Sixty Aquaculture has Secured €4.1 Million in Series A Round Funding

Funding utilisation

The funds will help Three-Sixty expand operations by setting up a new facility in Neath, Wales, to increase production of sustainable, locally-sourced prawns.

The farm uses Recirculating Aquaculture System (RAS) technology, an eco-friendly method that minimizes environmental impact and reduces the UK’s reliance on imported frozen prawns.

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James Fox-Davies, CEO of Three-Sixty Aquaculture, said: “Demand for prawns is growing globally but the expansion of traditional prawn farming puts increasing pressure on the natural environment. Completing this round of funding puts us well on the way to expanding our sustainable British sushi-grade prawn farm which will not only help address these environmental issues but will bring locally grown, fresh and delicious-tasting prawns to UK diners. We’re starting in the UK but in reality, any country could benefit from our technology so we’re excited to explore international opportunities to build further prawn farms as we scale up.”

The new facility, launching in 2025, will serve the UK restaurant, hospitality, and direct-to-consumer markets. As production grows, the company aims to produce over 2,000 tonnes of prawns annually and explore global expansion.

About Three-Sixty Aquaculture

Based in Swansea, Three-Sixty Aquaculture designs, builds, and operates marine recirculating aquaculture systems (RAS) to produce sustainable seafood.