Builders Vision has acquired Hatch Blue for an undisclosed amount, marking a significant consolidation in the sustainable aquaculture and alternative seafood sector. This corporate acquisition sees Builders Vision taking ownership of Hatch Blue, a company known for its extensive work in fostering environmentally responsible seafood production.
Hatch Blue was conceived in late 2017 by co-founders Carsten Krome, Georg Baunach, and Wayne Murphy, with a vision to achieve the least-possible footprint of farmed and alternative seafood for the benefit of oceans, terrestrial ecosystems, and future generations. Over six years, Hatch Blue has invested in more than 65 companies, operated six accelerator programs, and successfully raised two funds, including the $93 million Blue Revolution Fund. The company operates globally with offices in Ireland, Hawaii, Norway, and Singapore, supported by a team of over 35 members across its five business units: Hatch Blue Programs, Hatch Blue Consulting, Early Stage Investments, Blue Revolution Fund, and The Fish Site.
This acquisition is strategically driven by Builders Vision's intent to deepen its engagement in the blue economy and sustainable food systems. Hatch Blue's established investment portfolio, accelerator expertise, and deep industry knowledge provide a robust platform for Builders Vision to amplify its impact in fostering environmentally responsible seafood production. The integration is expected to create significant synergies, combining Builders Vision's resources with Hatch Blue's specialized operational capabilities and investment pipeline.
The combined entity is poised to accelerate innovation and investment in sustainable aquaculture, driving forward solutions that benefit ocean health and global food security. This move underscores a commitment to scaling technologies and businesses that align with a vision for a more sustainable future for marine and terrestrial ecosystems.