Dundee-based Ace Aquatec Ltd receives investment from Aqua-Spark
Dundee-based innovator of aquaculture equipment, Ace Aquatec Ltd, has recently received investment from Aqua-Spark, an aquaculture investment fund.
Ace Aquatec, winner of two Queen’s Awards for innovation and a series of industry awards (Aqua Nor and Global Aquaculture Alliance Innovation Awards) is well known for its innovative environmentally responsible predator deterrents, its in-water humane electric stunner, and its revolutionary 3D biomass estimation systems.
The company has recently developed a new sea lice removal system in partnership with a local salmon farm and has new lice detection, fish monitoring, and renewable barge projects underway.
Nathan Pyne-Carter, managing director of Ace Aquatec, said: “Aqua-Spark has a fantastic model for supporting and growing companies with a long term perspective which aligns well with Ace Aquatec’s own strategic plan. We are excited to work with their team and to grow stronger partnerships with some of the highly innovative companies in their portfolio.”
Amy Novogratz and Mike Velings, co-founders of Aqua-Spark, added: “Ace Aquatec’s focus on developing technologies for responsible farming is paramount to increasing animal welfare in aquaculture, and an important part of Aqua-Spark’s mission. We believe in Ace Aquatec’s impact potential and look forward to supporting the company as it develops more innovative products and continues to expand its reach.”