France-based Lisaqua, which specializes in the production of shrimp with low environmental impact and without antibiotics has raised €9 million. The company plans to used the funds to develop an industrial low-impact shrimp farm with a capacity of 100 tons of shrimp in Monthyon, and to continue its commercial developments and R&D efforts.
Lisaqua raises shrimp in controlled land-based ponds close to where they are consumed using biofiltration systems with predictive farming models. The company also uses several circularity techniques to limit its impact: recovery and use of heat lost by the department’s incinerator to heat its ponds, bioconversion of effluents and reuse of the farm’s water, etc.In terms of quality, the shrimp are produced without antibiotics or sulfites, thus contributing to a healthier diet.
Funding was provided by The Fonds Révolution Environnementale et Solidaire, funded by the Crédit Mutuel Alliance Fédérale social dividend and managed by Crédit Mutuel Impact, with the Belgian fund Noshaq and historical investors including the Le Gouessant agricultural cooperative and the Mer Invest.
“This financial transaction is a key step for Lisaqua,” said Co-founders Charlotte Schoelinck and Gabriel Boneu. “After having developed our technology in aquariums, in the laboratory and then on a pilot scale, this financing allows us to multiply our impact tenfold, to make our exceptional shrimp accessible to as many people as possible. The ESG anchoring shared with Crédit Mutuel Impact and Noshaq allows us to continue our development without compromising on environmental impact: producing more efficiently, with fewer resources, to develop healthier and more sustainable aquaculture.”
“The technology developed by Lisaqua is a promising solution contributing to a more sustainable food supply,” said Sabine Schimel , CEO of Crédit Mutuel Impact.
