ViAqua Therapeutics Announces $4.3 Million Investment led by S2G Ventures for its RNA-based Aquaculture Health Platform
Summary
Earlier investors Nutreco, Visvires New Protein, The Trendlines Group (SGX:42:T;OTCQX: TRNLY) and the Technion Israel Institute of Technology also participated in this round. The mortality rates associated with a viral outbreak can reach 100% within several days of onset, leading to massive financial losses for shrimp producers. "We are incredibly excited to support ViAqua in their mission to improve animal health and address aquatic diseases while minimizing environmental impact," said Larsen Mettler, Managing Director at S2G Ventures Oceans and Seafood. "We are delighted to attract the support of new investors at S2G Ventures and Thai Union, in addition to the ongoing commitment from The Trendlines Group, Nutreco, VisVires New Protein and the Technion" says Shai Ufaz, CEO at ViAqua. Thiraphong Chansiri, President and CEO of Thai Union said, "Disease prevention is a primary concern in the aquaculture sector and ViAqua has a promising technology platform to help manage health of shrimp and other species.