
Sea Farm Innovations
Patented mechanical delousing systems for the aquaculture industry.
Date | Investors | Amount | Round |
---|---|---|---|
* | N/A | Acquisition | |
Total Funding | 000k |
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Sea Farm Innovations (SFI) is a specialized equipment provider for the global aquaculture industry, founded in the Faroe Islands in 2016 by Eyðbjørn Hansen and Gunnar Johildarson. The company develops and supplies mechanical solutions designed to address key challenges in fish farming, with a focus on sustainable and efficient operations.
The company's flagship product is the patented SFI SYSTEM, a mechanical delousing technology that uses only water to remove sea lice from farmed fish. This system is engineered to be gentle on the fish, promoting high welfare, while operating with high capacity and a small physical footprint, making it adaptable for installation on various vessels. It serves a client base of blue-chip salmon farmers and service-boat suppliers in markets including Norway, Canada, Chile, the Faroe Islands, and Scotland. The business model is based on the direct sale of these patented systems to clients, with installation, service, and upgrades delivered in partnership with external subcontractors.
In January 2023, the Norwegian seafood-focused investment company Hawk Seafood acquired a 50.1% majority stake in SFI, with the founders and management retaining the remaining 49.9% ownership. This strategic partnership aims to accelerate SFI's growth, strengthen its organizational presence in key markets like Norway, and expand its footprint in emerging markets such as Chile, where demand for welfare-focused delousing solutions is increasing. The company has demonstrated significant commercial traction, delivering systems worth 90 million Danish kroner in the three years leading up to the acquisition.
Keywords: aquaculture technology, mechanical delousing, sea lice treatment, fish farming equipment, sustainable aquaculture, fish welfare, SFI SYSTEM, marine technology, salmon farming solutions, aquaculture service supplier, patented delousing, Faroe Islands innovation