Joffe & Associés advised Starquest Capital and Maif Impact on the €5 million Series A fundraising of Les Nouvelles Fermes, a French pioneer in industrial aquaponics.
Joffe & Associés advised Starquest Capital and Maif Impact on the €5 million Series A fundraising of Les Nouvelles Fermes, a French pioneer in industrial aquaponics.
This transaction will enable the company to launch in Carrières-sous-Poissy the largest aquaponic farm in Europe. The 2-hectare facility combines trout farming with vegetable production in a closed-loop system, with an annual capacity of 250 tons of fruit and vegetables and 60 tons of fish. The technology uses seven times less water and generates twice fewer emissions than conventional agriculture.
Beyond this initial project, Les Nouvelles Fermes aims to deploy 15 sites across Europe by 2030.
The Joffe & Associés team advising on this transaction included Thomas Saltiel, partner, Charlotte Viandaz, counsel, and Antoine Danieck, associate.
