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Universal Aquaculture, a deep-tech company with an indoor farming facility, has received an undisclosed amount of investment from Oceanus Group
As reported in the Straits Times, the investment is in line with the group’s strategies to strengthen its aquaculture pillar.
Oceanus stated that Universal Aquaculture’s indoor farming facility has a hybrid biological recirculation system. The hybrid system consumes much less energy, facilities zero-water change and significant reduction of the feed conversion ratio.
Oceanus CEO Peter Koh said, “Universal Aquaculture’s system reduces the need for large water treatment tanks and equipment. This saves space, energy and water consumption while creating the ‘perfect water conditions’ for breeding within a shorter period of harvesting time.”
“We are optimistic that this breakthrough in technology for prawn breeding in a vertical farming environment, where aquaculture could take place within warehouses, will play an important role in sustainable urban food production.