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Bluefront acquires 55% of the shares from Jaras Invest AS, which will remain the second-largest shareholder.

Trondheim-headquartered Piscada Aqua and Spillfree Analytics will complete their merger early next year.

The latest investors to participate are the European Investment Fund (EIF), Novo Holdings, and the Esmée Fairbairn Foundation.

Piscada provides software for process control and analytics to the fish farming sector.

The Norwegian seafood investment firm supports companies that improve ocean health, fish welfare, and resource efficiency.

The seafood investor becomes the majority shareholder of Cryogenetics to promote conservation and reproduction efficiency.