Land-based salmon farmer receives $7 million in new financing to 'buffer liquidity'

Proximar's first harvest will take place on Sept. 30.

The funds are to be used for working capital purposes and buffer liquidity as Proximar is approaching its first sales, the company, headed by CEO Joachim Nielsen, said.
The funds are to be used for working capital purposes and buffer liquidity as Proximar is approaching its first sales, the company, headed by CEO Joachim Nielsen, said.Photo: Proximar
Published 17 September 2024, 14:02Updated 17 September 2024, 14:16
Farmed salmonProximar SeafoodJapanInvestmentsLand-based aquaculture