First Water

Raised $27.7M in a Growth round, announced 6 November 2025.

Total raised
$27.7M

Latest round GrowthCountry IcelandSector Other

Round

$27.7MGrowth, 6 November 2025

Share capital increase from new and existing shareholders to finish the first development phase.

Amount
$27.7M
Stage
Growth
Announced
6 November 2025
Lead
Stoðir
Other investors
Icelandic pension funds
Use of funds
Share capital increase from new and existing shareholders to finish the first development phase.
Checked
Amount and date matched across 2 press sources
Sources
First Water raises EUR 24M weareaquaculture.com
First Water raises EUR 24M funding.tech.eu
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Company

Land-based salmon farm under construction in Þorlákshöfn

Based in
Þorlákshöfn, Iceland
Sector
Other
Website
firstwater.is ↗

Links

Website
firstwater.is ↗

Questions

How much has First Water raised?

First Water raised $27.7M in a Growth round, announced on 6 November 2025.

Who invested in First Water?

Stoðir led. Investors include Stoðir and Icelandic pension funds.