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Salmon Evolution logo — Extending the ocean potential by transferring the best preco...

Salmon Evolution

Extending the ocean potential by transferring the best preconditions offered by the sea to farm fish on land.

Founded 2017 Norway Norway 71 employees Post Ipo Equity Total: $2.71B Agriculture, Food and Beverage +1

General Information

Company Name Salmon Evolution
Founded Year 2017
Location Norway Norway +1
Founders / Decision Makers
Team member Team member
Employees 71
Industries Agriculture, Food and Beverage, Renewable Energy
Funding Stage Post Ipo Equity
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About Salmon Evolution

Salmon Evolution is a Norwegian land-based salmon farming company that aims to extend the ocean's potential by utilizing the best preconditions offered by the sea to farm fish on land. The company employs the hybrid flow-through system technology (HFS) to ensure sustainable production processes with controlled and optimal growth conditions, thereby mitigating operational and biological risks. Its first production facility is strategically located at Indre Harøy on the Norwegian west coast, offering access to fresh seawater, renewable energy, established infrastructure for salmon farming, and a skilled workforce. This facility is designed for an annual capacity of approximately 31,500 tonnes HOG. In addition to its Norwegian operations, Salmon Evolution has entered into a joint venture with Dongwon Industries to develop, construct, and operate a land-based salmon farming facility in South Korea. Employing the HFS technology, this facility aims to have an annual production capacity of 16,800 tonnes HOG. Founded in 2017, Salmon Evolution ASA is listed on Oslo Børs under the ticker SALME. The company recently received a kr365.00M Post-IPO Equity investment on 18 June 2024. With its focus on renewable energy and innovative land-based salmon farming methods, Salmon Evolution represents an intriguing venture for potential investors and stakeholders. To learn more, please visit www.salmonevolution.no.

Taxonomy: Salmon farming, Land-based, Aquaculture technology, Sustainable production, Norwegian industry, Hybrid flow-through system technology, Renewable energy, Strategic location, Joint venture, Listed company, Fish farming, Sea-to-land transfer, HFS technology, Indre Harøy, Dongwon Industries

Funding Rounds & Investors (5)

View All
Funding Stage Amount Investors Lead Investors Date
Post-IPO Equity •••••• 1 •••• •••• 18 Jun 2024
Post-IPO Equity •••••• 1 •••• •••• 19 Apr 2023
Post-IPO Debt •••••• 2
Investor Investor
29 Mar 2023
Grant •••••• 1
Investor
13 Nov 2020
Venture Round •••••• 2
Investor
•••• •••• 		23 Mar 2020

Salmon Evolution Alternatives & Competitors

Salmon Evolution vs
Proximar Seafood AS
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Salmon Evolution vs
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FAQ About Salmon Evolution

Extending the ocean potential by transferring the best preconditions offered by the sea to farm fish on land.
Salmon Evolution was founded in 2017.
Salmon Evolution is headquartered in Norway.
Salmon Evolution operates in the following industries: Agriculture, Food and Beverage, Renewable Energy.
Salmon Evolution has approximately 71 employees.
Salmon Evolution has completed 5 funding rounds, raising a total of $2.71B. The latest funding stage is Post Ipo Equity.
Top alternatives and competitors to Salmon Evolution include Proximar Seafood AS, Pure Salmon, Havlandet, Riverence Provisions, Eden Grow Systems. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Salmon Evolution and Proximar Seafood AS are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

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