Planktonic
Dedicated to the development and production of live feed and preserved feed for the aquaculture and aquarium industry.
| Date | Investors | Amount | Round |
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| investor | €0.0 | round | |
| investor | €0.0 | round | |
| investor | €0.0 | round | |
| investor | €0.0 | round | |
| investor | €0.0 | round | |
| investor | €0.0 | round | |
| investor | €0.0 | round | |
| investor | €0.0 | round | |
* | NOK30.0m | Late VC | |
| Total Funding | 000k | ||
| EUR | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 |
|---|---|---|---|---|---|---|
| Revenues | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % growth | - | 103 % | 214 % | 36 % | 68 % | (15 %) |
| EBITDA | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % EBITDA margin | (260 %) | (290 %) | (4 %) | (24 %) | (14 %) | 14 % |
| Profit | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % profit margin | (350 %) | (378 %) | 23 % | (43 %) | (27 %) | (9 %) |
| EV | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
Source: Company filings or news article
Related Content
Planktonic AS is a Norwegian startup that specializes in the development and production of live and preserved feed for the aquaculture and aquarium industries. The company has pioneered a unique cryopreservation technology that allows for the preservation and revival of live crustacean nauplii, which are small, early-stage larvae of crustaceans. This technology has the potential to replace traditional live feeds like rotifers and artemia, which are commonly used in the industry but come with challenges such as high production costs, variability in availability, and risk of infection.
The primary clients of Planktonic AS are commercial marine hatcheries and aquaculture operations that rear marine species. These clients benefit from the company's innovative feed solutions, which offer a more reliable and safer alternative to traditional live feeds. The company's products have been successfully demonstrated and are already in commercial use at several marine hatcheries in Norway.
Planktonic AS operates in the global aquaculture market, which is a rapidly growing sector driven by the increasing demand for seafood. The company’s business model revolves around the production and sale of its cryopreserved nauplii and other live feed products. By providing a high-quality, consistent, and safe feed option, Planktonic AS helps its clients improve the survival and growth rates of their marine species, thereby enhancing their overall productivity and profitability.
The company makes money by selling its innovative feed products directly to aquaculture and aquarium businesses. Its value proposition is based on the natural qualities of zooplankton, which are preserved in their feed products, ensuring that marine species receive the best possible nutrition. This not only improves the health and growth of the fish but also reduces the risk of disease, making it a game-changer in the industry.
In summary, Planktonic AS is revolutionizing the aquaculture feed market with its cutting-edge cryopreservation technology, offering a safer, more reliable, and cost-effective alternative to traditional live feeds.
Keywords: aquaculture, live feed, cryopreservation, zooplankton, marine species, hatcheries, Norway, innovative, disease-free, productivity.