The aquarium fish food industry in Benelux focuses on manufacturing nutrition solutions for aquarium fish. Companies create specialized feeds for a variety of species, balancing nutrition with innovation. This sector has evolved to include environmentally friendly options as sustainability becomes paramount. Growing interest in home aquariums and responsible fishkeeping drives demand, leading to promising advancements, such as lab-grown food and nutritional supplements. By responding to shifted consumer preferences, the industry is shifting toward fully sustainable practices, showing potential for continuous growth as awareness around aquatic health and ecology increases.


This article highlights 11 prominent investors in the aquarium fish food space within Benelux. The list features varied investor types, including venture capital and private equity firms, each with distinct investment strategies. Companies like CVC Capital and Aqua-Spark are making noteworthy contributions, demonstrating their commitment to this niche market. Established from the early 1990s to as recently as 2019, their investment activities surged in 2024, reflecting ongoing interest and optimistic prospects. While headquarter locations range from Utrecht to Luxembourg, the focus remains on bolstering the vibrancy of aquarium-related solutions.


Top 11 Aquarium Fish Food Investors in Benelux


1. Aqua-Spark

  • Website: aqua-spark.nl
  • Type: Venture Capital
  • Headquarters: Utrecht, Utrecht, Netherlands
  • Founded year: 2013
  • Headcount: 11-50
  • Number of deals in 2024: 2
  • LinkedIn: aquaspark

Aqua-Spark is a venture capital firm based in Utrecht, Netherlands, founded in 2013. The firm specializes in investing in innovative solutions for the aquaculture industry, including fish farms, feed mills, and hatcheries. Aqua-Spark aims to promote sustainable practices and enhance production efficiency within the aquaculture sector. Notable transactions include a €2 million investment in Molofeed, which focuses on advanced aquafeed technology, and a significant equity investment in AquaRech, Kenya's first fish farming platform. They also led a $2.5 million investment in Matorka, an Icelandic Arctic char producer, and invested in Wanda Fish Technologies, a FoodTech startup focused on aquaculture. These investments demonstrate Aqua-Spark's active role in supporting advancements in fish feed and aquaculture practices.


2. Nutreco

  • Website: nutreco.com
  • Type: Corporate
  • Headquarters: Amersfoort, Utrecht, Netherlands
  • Founded year: 1994
  • Headcount: 10001+
  • Number of deals in 2024: 1
  • LinkedIn: nutreco

Nutreco is a corporate investor based in Amersfoort, Utrecht, Netherlands, specializing in animal nutrition with a strong emphasis on aquaculture. Founded in 1994, the company has over 10,000 employees and is dedicated to providing innovative feed solutions for both livestock and aquaculture. Notably, Nutreco has made strategic acquisitions to bolster its position in the aquaculture feed market, including the acquisition of Skretting Nigeria, which enhances its commitment to the Nigerian aquaculture industry. Additionally, Nutreco acquired Shihai Co Ltd., a fish and shrimp feed company in China, for approximately EUR 40 million, further establishing its presence in the world's largest aquaculture feed market. These transactions highlight Nutreco's active role in the aquarium fish food sector, making it a significant player in the industry.


3. Cvc

  • Website: cvc.com
  • Type: Private Equity
  • Headquarters: Luxembourg
  • Founded year: 2005
  • Headcount: 1001-5000
  • Number of deals in 2024: 16
  • LinkedIn: cvc-capital-partners

CVC Capital Partners is a prominent private equity firm based in Luxembourg, founded in 2005. The firm specializes in private equity, credit, secondaries, and infrastructure, managing approximately €193 billion in assets for over 1000 clients, including pension funds and institutional investors. CVC has a diverse portfolio, with notable transactions including the acquisition of Petco in 2016 for $4.6 billion, which positions them within the pet supply industry. They also acquired Provimi in 2002, a company focused on animal nutrition, which could relate to the aquarium fish food market. Their recent investment in Medivet, a veterinary group, further demonstrates their commitment to the pet care sector. These transactions highlight CVC's strategy of delivering sustainable value and growth through strategic investments in industries that intersect with pet care and nutrition.


4. PeakBridge


PeakBridge VC is a venture capital firm based in Luxembourg, founded in 2018, that specializes in FoodTech investments. The firm supports early-stage founders and businesses in the food industry by providing investment, consulting services, and access to a vast network of industry experts. Their focus is on innovative solutions that address significant challenges in the global food system. Notably, PeakBridge has participated in transactions such as Forsea Foods, which raised $5.2M to develop cultivated eel meat, a product that is in high demand for sushi and kabayaki, directly linking them to the aquarium fish food sector. They also led a €6 million Series A funding round for Rival Foods, which is working on new protein sources and formulations, further showcasing their commitment to innovative food solutions.


5. Verlinvest

  • Website: verlinvest.com
  • Type: Venture Capital
  • Headquarters: Brussels, Brussels, Belgium
  • Founded year: 1995
  • Headcount: 11-50
  • Number of deals in 2024: 5
  • LinkedIn: verlinvest

Verlinvest is a venture capital firm based in Brussels, Belgium, founded in 1995. The firm specializes in high-growth consumer brands across various sectors, including food, beverage, health, and technology. Verlinvest provides long-term capital and strategic advisory services to help brands scale and innovate. Notably, they have invested in the pet industry, with significant transactions such as KatKin, a fresh food and pet healthtech platform, which raised $22 million in Series A funding led by Verlinvest. They also led a $37 million Series A funding round for Heads Up For Tails, a company focused on pet wellness and care. These investments highlight Verlinvest's commitment to the pet sector, which could encompass aquarium fish food in the future.


6. Louis Dreyfus Company

  • Website: ldc.com
  • Type: Corporate
  • Headquarters: Rotterdam, South Holland, Netherlands
  • Founded year: 1851
  • Headcount: 10001+
  • Number of deals in 2024: 5
  • LinkedIn: louis-dreyfus-company

Louis Dreyfus Company B.V. is a prominent agricultural merchant and processor founded in 1851, headquartered in Rotterdam, Netherlands. The company operates across various sectors, including food processing, bioenergy, and transportation, ensuring a reliable and sustainable supply chain for agricultural products. In recent years, Louis Dreyfus Company has made strategic investments in companies that align with the food and aquaculture industries. Notably, they led a funding round for Good Catch, a plant-based seafood brand, which aims to develop new products and expand its market presence. Additionally, they participated in the Series A funding for Aquaconnect, a company focused on aquaculture, which highlights their engagement in the aquatic food sector. These transactions reflect their commitment to diversifying their portfolio while also tapping into the growing demand for sustainable seafood alternatives and aquaculture solutions.


7. Triton Partners


Triton Partners is a private equity investment firm based in Luxembourg, founded in 1997. The firm specializes in private equity and credit investments in European mid-market businesses, focusing on sectors such as Business Services, Industrial Tech, and Healthcare. Notably, Triton has made significant investments in the aquarium fish food industry, including the acquisition of Tetra in December 2002, a leading brand in the aquarium fish food market. They also acquired Semper in June 2003, which is another player in the pet food sector. More recently, Triton acquired Geia Food in April 2021, indicating their ongoing interest in food-related businesses. Their strategy involves partnering with management teams to address challenges and drive growth, providing operational expertise and capital to help companies unlock their full potential.


8. Prosus Group

  • Website: prosus.com
  • Type: Venture Capital
  • Headquarters: Amsterdam, North Holland, Netherlands
  • Founded year: 2019
  • Headcount: 10001+
  • Number of deals in 2024: 21
  • LinkedIn: prosus-group

Prosus Group is a global technology investor and operator based in Amsterdam, Netherlands, founded in 2019. The firm focuses on enhancing everyday life through technology across various sectors, including online classifieds, food delivery, payments, and education technology, serving over two billion customers worldwide. Notably, Prosus has made significant investments in the fisheries and marine sector, such as a $30 million Series A investment in Aruna, an Indonesia-based fisheries platform, aimed at expanding its national footprint and enhancing supply chain infrastructure. Additionally, Prosus has invested in Captain Fresh, a company that raised substantial funding in multiple rounds, including a $57.3 million Series C round in 2022. These transactions highlight Prosus's engagement in the aquaculture industry, which is relevant to the aquarium fish food market.


9. Rabo Ventures


Rabo Ventures, founded in 2002 and based in Utrecht, Netherlands, is a venture capital firm that specializes in providing equity capital to transformative companies and top-tier funds, primarily in the Food & Agri and Sustainability sectors. The firm aims to support major transitions that positively impact society and the environment through strategic partnerships and investment management. Notably, Rabo Ventures has been involved in significant transactions within the aquaculture industry, such as their investments in Kingfish Zeeland, which focuses on the production of Yellowtail Kingfish, and The Kingfish Company, which raised over $14 million in post-IPO equity. These investments highlight Rabo Ventures' commitment to supporting companies that contribute to sustainable food production, including those relevant to the aquarium fish food market.


10. Nimbus

  • Website: nimbus.com
  • Type: Private Equity
  • Headquarters: Zeist, Utrecht, Netherlands
  • Founded year: 1999
  • Headcount: 11-50
  • Number of deals in 2024: 3
  • LinkedIn: nimbus-hands-on-investors

Nimbus is a private equity investment firm based in Zeist, Utrecht, Netherlands, founded in 1999. The firm specializes in private equity investments, focusing on medium-sized businesses that require transformational change. Nimbus provides capital and hands-on support to enhance operational performance and drive growth. Their clients primarily consist of management teams from various industries, including manufacturing and technical trade. Notably, Nimbus has made investments in food-related businesses, such as H. van Wijnen, a Dutch salmon smoking company, which received investment to expand its market presence. Additionally, they have acquired Dedert IJs B.V., further indicating their engagement in the food sector. These transactions suggest that while Nimbus does not exclusively target the aquarium fish food industry, their interest in food production could align them with investors in this niche.


11. Hendrix Genetics


Hendrix Genetics is a corporate investor based in Boxmeer, North Brabant, Netherlands, specializing in animal breeding solutions across various species, including poultry, swine, and fish. Founded in 1991, the company has established itself as a leader in providing high-quality breeding programs aimed at enhancing productivity and meeting the global demand for animal protein. Notably, Hendrix Genetics has made significant strides in the aquaculture sector, highlighted by its acquisition of UK-based Landcatch and Landcatch Natural Selection in June 2011, which marked its entry into aquaculture breeding. This acquisition underscores their commitment to the fish industry, which is relevant to the aquarium fish food market. Additionally, their acquisition of Euribrid in 2007 further demonstrates their focus on animal breeding research, which can also encompass fish breeding and nutrition, thereby linking them to the aquarium fish food industry.



Aquarium Fish Food Insights: Key Investors in Benelux


InvestorHeadquarterSizeFoundedDeals 2024
Aqua-SparkUtrecht, Utrecht, Netherlands11-5020132
NutrecoAmersfoort, Utrecht, Netherlands10001+19941
CvcLuxembourg1001-5000200516
PeakBridgeLuxembourg11-5020188
VerlinvestBrussels, Brussels, Belgium11-5019955
Louis Dreyfus CompanyRotterdam, South Holland, Netherlands10001+18515
Triton PartnersLuxembourg201-50019976
Prosus GroupAmsterdam, North Holland, Netherlands10001+201921
Rabo VenturesUtrecht, Utrecht, Netherlands1-1020024
NimbusZeist, Utrecht, Netherlands11-5019993
Hendrix GeneticsBoxmeer, North Brabant, Netherlands1001-500019910


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