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Iceland's Aurora Abalone lands $12M for land-based farming

What's the deal? Aurora Abalone, an Icelandic land-based seafood farmer, has closed a $12 million funding round, the company said in October 2026.

Who's leading it? Richard Dulaney took up the chief executive officer position in September, after serving as the company's chief financial officer.

The signal: Land-based aquaculture continues to draw capital as producers seek controlled, onshore alternatives to ocean farming. Aurora Abalone's raise adds to that momentum in a niche corner of the sector.

Read more: intrafish.com

Image credit: Generated with Gemini

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