First Water secures €24M in a funding round for salmon farming expansion in Iceland, aiming to enhance production capacity. This investment advances sustainable aquaculture efforts.
Amount Raised
€24 Million
Round Type
Venture
KopavogurAgriculture and FarmingFood And BeveragefisheryDescription
First Water has secured €24M to enhance its land-based salmon farming operations in Þorlákshöfn, Iceland. This funding will help increase production capacity and meet rising global demand for high-quality salmon. The company aims to develop new facilities as part of its ambitious expansion project. With this round, First Water continues to solidify its position in sustainable aquaculture.
Quick answer
First Water raised €24 Million in a funding round, dated November 5, 2025. First Water is based in Kopavogur, Capital Region, Iceland.
- How much did First Water raise?
- First Water raised €24 Million in a funding round on November 5, 2025.
- What does First Water do?
- First Water is a salmon-farming startup focused on promoting sustainable salmon production.
- Where is First Water based and how big is it?
- First Water is based in Kopavogur, Capital Region, Iceland. Fundz records about 34 employees.
- Who are the decision-makers at First Water?
- Fundz holds 3 contacts at First Water. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Agriculture and Farming and Food And Beverage around the same time
Companies in the same sectors as First Water that raised within 45 days of this round, from Fundz verified event records.
- LabelBlind raised $500K (Seed) on November 25, 2025.
- KisanKonnect raised $8.1M (Series B) on September 25, 2025.
- Eat Evergreen raised $15M on December 19, 2025.
- BinSentry raised $25M (Debt Financing) on December 18, 2025.
- NextFoods raised $10M (Series C) on December 18, 2025.
- Rocky Mountain Chocolate Factory, Inc. raised $2.7M on December 18, 2025.
Who to call at First Water, and when
A new round usually means First Water is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day First Water raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at First Water, from your own LinkedIn network
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Related People
First Water raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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