FourLaw Abogados is proud to announce that we have successfully supported KOA Biotech, a leading biotechnology company based in Barcelona, to secure €2 million in an investment round led by Swanlaab Innvierte Agrifood-Tech. The round also saw participation from the Fund-F and FABER funds. Fourlaw’s Gabriele Hofmann, partner in M&A, and David Yatskiv, associate, provided expert legal advice throughout the process.

KOA Biotech is pioneering the aquaculture industry with its innovative biosensor technology. This groundbreaking technology, combined with advanced algorithms, allows for the early detection of infections in fish farms, helping to reduce fish mortality rates and the use of antibiotics. The technology also optimizes the use of natural resources and minimizes the environmental impact of fish farming.

As more than half of the fish consumed globally comes from aquaculture, infection management has become a critical issue. KOA Biotech’s biosensors offer a proactive approach to early detection of waterborne infections, enabling preventative measures to curb the spread of diseases, and therefore improving production efficiency and sustainability in aquaculture.

KOA Biotech CEO and founder, Sira Mogas, highlighted the importance of this technology, noting that infections in fish farms can lead to the loss of up to 30% of production, which globally is estimated at more than $6 billion in economic losses.

Nora Alonso, General Partner at Swanlaab Innvierte Agrifood-Tech, emphasized that investing in innovative, technology-driven companies like KOA is crucial for advancing research and development in Spain’s agro-food sector and for positioning the country as a global leader in this field. Alonso added that the investment will also help attract international capital to the sector, which is vital for sustainable growth.

With this investment, KOA Biotech will continue advancing its technological development and expanding its commercial plans to further strengthen its position in the sector. The funding will also support the company’s future growth and innovation in the aquaculture industry.

About Fourlaw

Fourlaw is a leading law firm specializing in corporate law, mergers & acquisitions, and investment advice, with extensive experience in the biotechnology, food-tech, and agriculture sectors. Their team provides tailored legal services to help clients navigate complex transactions and achieve their strategic objectives.