We are leading sustainable growth and innovation in aquaculture

team photo
team photo

Hatch Blue is active across three areas, investing, consulting, and venture programs, backed by decades of hands-on aquaculture expertise across every major production market. We bring together a range of offerings, including tailored investments, bespoke consulting and diverse accelerator programs.

80+
investments to date
3
exits
4
investment vehicles
2
actively deploying funds
7
accelerators to date
27
innovation studios
2
venture builders
200+
global consultancy projects across 40+ countries

Our Team

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Alex Lajtos
Business and Data Analyst
Consulting

Alex Lajtos

Alex Lajtos has an MSc in International Business and Management from the University of Manchester (UK). Despite his economics and business background, already for 4+ years Alex has been working in business intelligence and analytics. He worked on 30+ data related projects for a wide range of industries and all kinds of stakeholders from line managers to C-level executives. Alex is specialized in data visualization, data modeling, and enterprise business intelligence architectures but he also aspires to keep up with the hottest data trends such as IoT, cloud solutions, and the boundaries of data science, which have the potential to revolutionize the aquaculture industry too.

Title
Business and Data Analyst
Department
Consulting
Fund:
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Barry Mulqueen
CFO
Group

Barry Mulqueen

Barry is our Chief Financial Officer here at Hatch. Responsibilities include all aspects of Financial Management. Barry's role covers accounting & controls, financial planning, tax, treasury, investor relations as well as providing strategic direction to the group. Barry brings over 15 years experience in a wide range of industries and prior to joining was VP, Accounting at Poppulo.

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CFO
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Group
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Benedict Tan
Programme Director
Programs

Benedict Tan

Title
Programme Director
Department
Programs
Fund:
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Caitriona Kelleher
Managing Director
Investments

Caitriona Kelleher

Caitriona is a positive agitator with a passion for developing early stage entrepreneurs leveraging her studies in Finance, Entrepreneurship and Sustainable Ventures and industry experience in Capital Markets, Corporate Finance, Financial Services and Venture Capital.

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Managing Director
Department
Investments
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Carsten Krome
Managing Partner & Co-Founder
Investments

Carsten Krome

Carsten holds a Ph.D. in aquaculture nutrition from the Institute of Aquaculture at the University of Stirling. He is well versed in both scientific research and investments. Carsten transitioned from a technical analyst role to founding Alimentos Ventures in 2016 and co-founding Hatch Blue, the world's first aquaculture accelerator, in 2017​. As Managing Partner, Carsten oversees Hatch Blue’s investment activities as Managing Partner.

Title
Managing Partner & Co-Founder
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Investments
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Doug Phelan
Community Manager - Atlantic Canada
Programs

Doug Phelan

Doug is a Community Manager at Hatch Blue, responsible for Atlantic Canada. Born, educated, and having lived most of his life in the region, Doug enjoys his role. He has had an extensive career in community economic development and international trade in Atlantic Canada, bringing this wealth of knowledge and experience to Hatch Blue. He is committed to facilitating the commercial development success of firms in the sustainable aquaculture space so they can reach their full potential by optimizing their approach to international market development.

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Community Manager - Atlantic Canada
Department
Programs
Fund:
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Dylan Howell
Operations Manager - Americas
Programs

Dylan Howell

Over the last 12 years, through his post graduate and professional career and with his global network, Dylan supports Hatch Blue’s program and investment team, innovation service clients and 62 portfolio firms with market and business insights on technical intelligence, current trends and future innovation opportunities. As an aquaculture specialist with 250+ farm engagements around the world, his commercial expertise and extensive field experience on practical production technologies and market research covers shrimp, salmon and various other farms and industry stakeholders across Asia, Europe, Middle East, Africa and North America.

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Operations Manager - Americas
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Programs
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Dylan Terry
Innovation Studios Director
Programs

Dylan Terry

Title
Innovation Studios Director
Department
Programs
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Georg Baunach
CEO & Co-Founder
Investments

Georg Baunach

Georg is a molecular biotechnologist by training, with expertise in synthetic biology. He holds a Masters in Management from London Business School and biofuels research experiences from Harvard Medical School. Georg founded a renewable energy company in Ghana in 2015 and co-founded Hatch Blue in 2017.

Title
CEO & Co-Founder
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Investments
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Gonçalo Santos
Director of Operations
Consulting

Gonçalo Santos

Goncalo Santos has a diverse background in aquaculture, productionsystems and nutrition having worked globally in multiple markets andAs Head of Projects at Hatch Innovation services, he leads several international projectsranging from market, technical and business assessments and due diligence. With 20 yearsexperience in the sector he has also held pivotal roles at Cargill Aqua Nutrition and Biomin,showcasing expertise in aquaculture R&D and technical management and businessdevelopment. Goncalo holds an MSc in Animal Sciences and Aquaculture from WageningenUniversity & Research, The Netherland and a Biotechnology licentiate degree from NOVAUniversity of Lisbon, Portugal.

Title
Director of Operations
Department
Consulting
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Jessica Giannoumis, PhD
Community Manager - Ireland
Programs

Jessica Giannoumis, PhD

Jess holds a PhD in blue growth and marine innovation from the University College Cork, she is a blue economy specialist with a diverse skillset applicable to regional marine economic development of existing and emerging marine sectors, and internationalization. Jess is using her passion for sustainable development of marine development to support aquatech ecosystem development in Ireland. Jess is the community manager for Ireland, she works closely with the aquatech development team at Bord Iascaigh Mhara (BIM), and her primary role is to nurture and support the development of the Irish aquatech ecosystem. This role includes the delivery of the annual innovation studio and the annual community day, and activities associated with that including community outreach, media engagement, continuous support for the companies that have gone through the innovation studio previously, etc.

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Community Manager - Ireland
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Programs
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Karlotta Rieve
Project Manager
Consulting

Karlotta Rieve

Karlotta is a project manager for seaweed and other regenerative aquaculture related topics and brings hands-on field experience with several aquaculture species. In 2022, Karlotta traveled to the main seaweed-producing regions in East and Southeast Asia and developed Hatch’s Seaweed Insights Platform. She co-authored a World Bank Group commissioned report on new and emerging markets for seaweed and has since been supporting the growing seaweed sector with original industry intelligence. With a Masters in organisational innovation and entrepreneurship she has also been involved in several aquaculture innovation ecosystem building projects in different regions. With her base in Baja California Sur, Mexico she is especially dedicated to advance the sustainable aquaculture sector in Latin America.

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Project Manager
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Consulting
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Katie Harrington
Accounts Assistant
Group

Katie Harrington

Katie has recently joined the Hatch Blue team as an accounts assistant. With five years of experience in the finance industry, Katie has developed a strong foundation in financial operations and billing systems. Having previously worked with a global company, Katie brings strong skills in financial data management, focusing on processing transactions, optimising billing processes and enhancing workflows. Gathering experience in a past company merger project, which focused on data integration to streamline financial systems and ensure a smooth transition. This experience involved collaborating with cross functional teams to integrate financial data, reconcile discrepancies, and align systems to drive operational efficiency. In addition to hands-on experience in finance, Katie holds a degree in Tourism and Business Management which provides a unique perspective on combining financial knowledge with business insight.

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Accounts Assistant
Department
Group
Fund:
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Leah Davis
Programs Associate
Programs

Leah Davis

Leah Davis is a Program Associate with a diverse background in project management, investments, and event coordination. She previously worked as a Project Manager at M&G Investments in London and holds a BSc in Psychology from Queen Mary University of London, where she focused on neuroscience, genomics, evolution, and behaviour. Her dissertation explored the anxiolytic effects of CBD oil on zebrafish larvae. Most recently, Leah travelled through South America, volunteering with marine conservation organisations and pursuing her passion for the ocean through environmental storytelling. Now based in London, she supports the delivery of Hatch Blue’s global innovation programs and is driven by a commitment to connect purpose-led founders with the resources they need to thrive in the blue economy.

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Programs Associate
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Programs
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Linda Chen
Investment Manager
Investments

Linda Chen

Linda has dedicated each step of her career from The Nature Conservancy to Morgan Stanley to connect capital with nature. As the Associate at Blue Revolution Fund, she’s applying her interdisciplinary skills towards market-based sustainable seafood transition. Linda is also the author of bi-weekly aquaculture deal newsletter aquablurb.

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Investment Manager
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Investments
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Margaret McCoy
Finance Manager
Group

Margaret McCoy

Margaret is an ACA qualified Finance Manager at Hatch Blue with responsibilities over financial reporting, financial planning, regulatory compliance and tax across the Hatch group.

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Finance Manager
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Mariana Flores Vargas
Desarrollo de la Comunidad - America Latina y el Caribe
Programs

Mariana Flores Vargas

Title
Desarrollo de la Comunidad - America Latina y el Caribe
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Programs
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Martin Reidy
AI & Systems Lead
Group

Martin Reidy

Martin is the AI and Systems Lead at Hatch Blue, responsible for the firm's AI strategy, systems and governance, from the core platforms and automation through to data policy and security. He works across all three business units to help people use these tools well and to turn individual wins into firm-wide solutions, and he runs the training and documentation that get them adopted.

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AI & Systems Lead
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Niclas Riecken
Associate Project Manager
Consulting

Niclas Riecken

Niclas Riecken is a Associate Project Manager at Hatch Blue Consulting. He is focussed at HIS on sustainable and restorative aquaculture development. Through his background in the Food Industry and work experience in the sustainable finance sector he brings a diverse range of experience to support different stakeholders in their decision making. With an academic background in finance and management with a focus on development economics and seaweed farming he is passionate about the intersection of development and restorative aquaculture.

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Associate Project Manager
Department
Consulting
Fund:
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Nitzan Unger
Senior Project Manager
Consulting

Nitzan Unger

Nitzan is a Marine Biologist with 15 years in the aquaculture and marine conservation sectors. He has an extensive background in Project Management and Business Development in various complex international environments, from initial planning to final delivery. Managed and developed several global aquaculture, agriculture, and startup investment projects. Nitzan is an Aquaculture Expert with hands-on experience across the entire seafood value chain, specialising in RAS technology design and production, marine and freshwater fish Hatchery & grow-out, broodstock management, R&D, Seaweed & Algae, sustainability practices, fish health, marketing, advanced technologies, and data management.

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Senior Project Manager
Department
Consulting
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Peter Green
Project Advisor - Seaweed Specialist
Consulting

Peter Green

Peter Green is a seaweed and blue carbon project manager and advisor at Hatch Innovation Services. He specialises in guiding investors on seaweed and blue carbon opportunities and has developed key initiatives like The World Bank’s "Global Seaweed New and Emerging Markets Report 2023." With a degree in Biochemistry and a background in algae-based biomanufacturing, Peter has spent years supporting and building start-ups in the blue economy and regularly provides market insights to thousands of investors, buyers, technologists, operators, and academics through his content.

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Project Advisor - Seaweed Specialist
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Consulting
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Shamim Nyanda
Community Manager - Africa
Programs

Shamim Nyanda

Shamim Wasii Nyanda is a Tanzanian ocean-climate advocate and entrepreneur passionate about advancing women-led innovation and building resilient blue food systems in Africa. She is the founder of the Tanzania Ocean Climate Innovation Hub, endorsed by the UN Ocean Decade, which supports locally led adaptation and ocean-climate solutions. Shamim is also the co-founder of SUNWAVE Limited, a blue-tech startup providing solar-powered cold storage for small-scale fishers to reduce post-harvest loss and strengthen livelihoods. She previously served as CEO of AfriCraft NGO, where she led sustainability initiatives with GIZ and the German Embassy. An alumna of the U.S. State Department’s International Visitors Leadership Program (IVLP) on Climate Crisis, Shamim brings a strong background in community engagement, climate advocacy, and project management. Her expertise lies in bridging grassroots innovation with global policy, empowering women and youth to lead in Africa’s ocean and blue food systems.

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Community Manager - Africa
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Programs
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Sol Park
Principal
Investments

Sol Park

Sol has extensive experience in impact consulting and impact investing. She holds an MBA from INSEAD and a Bachelor’s degree in Economics and International Studies from University of Richmond. Sol lived in 8 countries across 4 continents.

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Principal
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Investments
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Sophia Sperandeo de Macedo
Associate
Investments

Sophia Sperandeo de Macedo

Sophia Sperandeo de Macedo is a finance professional with a strong focus on sustainable finance and impact investments. She holds an MSc in Finance from Nova School of Business and Economics in Lisbon, Portugal, where she specialized in development economics, sustainability evaluation, and impact investment strategies. She also earned a BA in Individualized Studies from NYU, focusing on social sciences, media, and political narratives.

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Sophia's professional journey spans roles in Berlin, Lisbon, and São Paulo. She is currently a VC Analyst at Hatch Blue, where she supports investments in sustainable ventures. Previously, she worked as a Founder’s Associate Intern at KoRo, contributing to strategic initiatives, and as an Investment Analyst at Apex Capital, focusing on deal sourcing and due diligence. At Ânima Educação, Sophia managed investor relations and ESG reporting, solidifying her expertise in stakeholder engagement. Multilingual and globally minded, she is committed to fostering impactful financial solutions.

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Associate
Department
Investments
Fund:
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Tanja Hoel
Managing Director
Consulting

Tanja Hoel

Tanja Hoel has a MSc in Marine Biology with an Executive Masters from The Norwegian Business School. Tanja has worked in the aquaculture industry for 20 years with innovation, R & D and technology development in the salmon farming industry. She founded a National Centres of Expertise, The Seafood Innovation Cluster together with Norway's leading salmon farming companies. Tanja has founded several companies to support innovation and technology development in aquaculture, including AquaCloud, a cloud-based AI platform to accelerate digitalisation in the salmon industry. She has extensive knowledge working with the public and private sector to secure a sustainable development of the aquaculture industry. Hoel holds several board positions working with commercialisation of innovation and new technology in the global aquaculture industry.

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Managing Director
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Consulting
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Tuuli Makela
Marketing DIrector
Group

Tuuli Makela

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Marketing DIrector
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Vy Nguyen
Project Analyst
Consulting

Vy Nguyen

Vy is a Project Analyst with a proven track record in data analysis, market research, and strategic advisory. She specializes in synthesizing complex data into actionable strategies that accelerate growth and drive sustainable innovation. Vy believes that actively engaging and communicating with stakeholders is critical to moving beyond raw numbers and uncovering qualitative insights that drive the strategic process. Her expertise supports senior management and boards in making informed decisions, drawn from her experience across the energy, healthcare, and digitalization sectors. She holds an MSc in Business, majoring in Leadership and Change, from BI Norwegian Business School.

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Project Analyst
Department
Consulting
Fund:
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Wayne Murphy
Co-Founder & Partner
Programs

Wayne Murphy

Wayne Murphy is a business leader and entrepreneur with expertise in startup development, aquaculture innovation, and strategic program delivery. Holding an HDip in Business Management & Strategy from IT Carlow, he is also a certified coach and trainer with 15 years of experience in financial services and investment. As Co-founder and Managing Partner of Hatch, Wayne developed the world’s first aquaculture accelerator, delivering programs across Asia, Africa, the US, and Europe.

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Co-Founder & Partner
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Programs
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We're hiring!

Our Story

Before 2017, there were no aquaculture accelerators.

cofounders photo

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, headquartered in Hawai'i. To date, we’ve successfully completed over 35 venture programs around the world and offer various entrepreneurship programs - from incubation to scale-up.

accelerators
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3

Deepening 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 200 projects globally to date.

4

Driving Industry News

2019 — Hatch Blue acquires The Fish Site, expanding its reach into aquaculture media and industry news (ownership has since changed hands).

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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 €92M 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 +80 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 across three business areas including fund management, consulting and venture  programs - with offices in Ireland, Norway, Singapore and Germany.

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