Fiddich Review Centre
Alternative Investment

Cadman Capital invests in Urchinomics

It
was announced in December that Urchinomics had secured the world’s first kelp
restoration blue carbon credit, issued after a successful research project in
Kunisaki and Nagato, Japan.

Cadman Capital are owners of the largest licensed urchin aquaculture facility in Canada,
Quoddy Savour Seafoods, which ran a pilot study for urchin ranching with
Urchinomics in 2022. Cadman’s involvement will allow Urchinomics to progress
ranching for the North American market, and will allow kelp restoration to start
across the Bay of Fundy and the east coast.

The
group is an established investor and operator in restorative aquaculture, with
over 20 years’ experience in the development of ground-breaking processes
within on-land lobster and oyster farming. Its involvement will allow
Urchinomics to accelerate its growth plans across its operations in North
America, Japan and Europe.

“Urchinomics
is a tremendously exciting business. They share our passion to develop nature
based solutions to tackle the fight against climate change and help heal our
ocean’s. We have long recognised that solutions need to focus on the holistic
restoration and the sustainable improvement of marine ecosystems, allowing the
creation of stronger biodiversity that helps the planet. Urchinomics’ core
model of restorative aquaculture is synergistic to our current operations,
particularly within lobster production, and we look forward to supporting Brian [Takeda, CEO and founder of Urchinomics] and the team to accelerate their operations globally,” said Giles Cadman,
ecopreneur and founder of Cadman Capital Group, in a press release.

“Cadman Capital Group’s involvement in Urchinomics is a
milestone moment for us. It recognises the intrinsic value we have already
created, and evidences the strength of our philosophy of harnessing the power
of the natural world to help reverse some of the negative ecological and
economic impacts we are seeing today. Their scientific and operational
experience in restorative aquaculture means we can now move forward with an
aligned mission to improve ocean health. It signifies the start of the next
stage of our growth plans and to further our efforts in developing systems that
can truly make a difference to the future of our planet,” added Takeda.

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