We are leading sustainable growth and innovation in aquaculture
Hatch Blue universe comprises four business units: Investments, Consulting, Programs, and Media Marketing. We bring together a range of offerings, including tailored investments, bespoke consulting, diverse accelerator programs, and distinctive storytelling and marketing expertise.
Our Team
Our Story
Before 2017, there were no aquaculture accelerators.
1
The Vision Begins
Hatch Blue was conceived in late 2017 when co-founders Carsten Krome, Georg Baunach, and Wayne Murphy came together to provide specific support for early stage ventures in the aquaculture industry. In early 2018 they launched the first aquaculture accelerator in Bergen, Norway.
2
Scaling The Vision
The aquaculture industry and governments quickly recognized the value of this first-of-its-kind accelerator. Shortly after the Norwegian program, Hatch Blue launched an Irish program and in 2019 the first global program, headquarter in Hawaii. To date, we’ve successfully completed six accelerator cohorts around the world and offer various entrepreneurship programs - from incubation to scale-up.
3
Deeping Expertise
Turning accelerator sponsorships into fit-for-purpose services, Hatch Blue, in 2020 launched a specialised consulting unit. The consultancy covers all aspects of aquaculture and blue carbon, from industry benchmarking to due diligence support and technology innovation insight, with more than 100 projects globally
4
Driving Industry News
Further expanding Hatch Blue acquired The Fish Site, a leading aquaculture-news website, from Benchmark Holdings in 2019. The Fish Site eventually turned into its media marketing unit. As the most visited English-language platform, the Fish Site not only provides up-to-date industry news but its team also offers marketing and branding services for companies in the aquaculture sector.
5
Novel, large impact fund
Capital is required to nurture innovation. Recognising the need for Seed and Series A investments beyond an accelerator, Hatch Blue raised the €85M Blue Revolution Fund in 2022 and 2023. In a first-of-its-kind partnership in the sector, The Nature Conservancy became the impact partner for the Blue Revolution Fund. In total Hatch Blue operates three funds totaling an AUM of +100M EUR and has invested in +60 portfolio companies.
6
Building Momentum
Today, Hatch Blue’s team has expanded to over 30 full-time members spread across the globe. We are active in four business areas including fund management, consulting, entrepreneurship programs and media marketing - with offices in Ireland, Hawaii, Norway, Singapore and Germany.