Lisaqua raised €2.6 million worth of capital with new investors including Le Gouessant Agricultural Cooperative and private investors, along with Litto Invest. This capital increase completes non-dilutive funding of €2.3 million from Bpifrance and the Crédit Maritime and CIC Ouest banks.
The company, founded in 2018, raises shrimp in RAS and this new round of funding will allow Lisaqua to finalize the construction of the first shrimp farm in France. This 2,000 m2 facility, located near Nantes, will produce 10 tons of shrimp per year.
Le Gouessant Agricultural Cooperative is part of the project and is providing Lisaqua its expertise in the area of shrimp nutrition and feed manufacturing. “Our investment in LISAQUA reflects our desire to implement our culture of co-construction for the benefit of a forward-thinking company. We are proud of sharing this ambition with Lisaqua's management team and investors, to create this unique ecosystem focused on innovation,” said Rémi Cristoforetti, CEO of Le Gouessant.
Lisaqua plans to produce 10,000 tons of shrimp per year by 2030 in France and Europe. “This funding will allow us to recruit 10 people and structure strategic partnerships to prepare our scale-up. We plan to set up a network of farms near the main French cities from 2024 in order to make our ultra-fresh shrimp available to as many people as possible,” concluded Gabriel Boneu, Lisaqua CEO and co-founder.