The Kingfish Company
The Kingfish Company is a Dutch publicly listed aquaculture firm that uses land-based recirculating aquaculture system (RAS) technology with filtered seawater to produce premium yellowtail kingfish, selling exclusively B2B to fine-dining chefs and global wholesale distributors from a single 3,500 MT-capacity facility in Zeeland, Netherlands.
- Company typePublic
- Founded2016
- HeadquartersKats, Netherlands
- Headcount101–250
- GTM typeB2B
- OfferingHardware or Manufacturing
What The Kingfish Company does
The Kingfish Company N.V. is a Dutch publicly listed aquaculture producer (Euronext Growth Oslo: KINGFISH) that operates a single land-based recirculating aquaculture system (RAS) facility in Kats, Zeeland, Netherlands, with an annual nameplate capacity of 3,500 metric tons. The company's entire production cycle, from egg to plate, uses filtered seawater without additives, and is dedicated exclusively to yellowtail kingfish (Japanese amberjack). Production volumes reached 2,576 MT in FY2025 and 773 MT in Q1 2026 (a 52% year-over-year increase), with a feed conversion ratio that improved to 1.47 from 1.9.
The company generates revenue through a B2B sales motion, selling whole fish and processed products to two primary channels: world-class chefs in the fine dining sector and a network of top wholesalers and purveyors worldwide. There is no direct-to-consumer channel; all distribution runs through enterprise partners. Pricing is negotiated directly with foodservice customers and distributors and is not publicly disclosed. The product is positioned as a sustainable, locally produced European alternative to wild-caught and ocean-farmed yellowtail, with operations aligned to UN Sustainable Development Goals.
In May 2026, the company completed a comprehensive financial restructuring triggered by an EBITDA covenant breach in Q4 2025, partly driven by its exit from the US fresh-fish market due to tariffs. The restructuring included a EUR 21M private placement (Eyrir hf. acquired a ~31.4% stake as largest shareholder), an EUR 11M secured bond from Signet Bank, conversion of approximately EUR 49M in debt and accrued interest to equity, and a 24-month extension of senior debt maturities. The post-money valuation was approximately EUR 70M, with shares trading around 9 cents post-restructuring. The company was also placed on Oslo Børs' penalty bench in June 2026 for late disclosure of FY2025 results.
The Kingfish Company firmographics
Firmographics- Name
- The Kingfish Company
- Legal name
- The Kingfish Company N.V.
- Website
- https://the-kingfish-company.com
- Company type
- Public
- Founded year
- 2016
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Short description
- The Kingfish Company is a Dutch publicly listed aquaculture firm that uses land-based recirculating aquaculture system (RAS) technology with filtered seawater to produce premium yellowtail kingfish, selling exclusively B2B to fine-dining chefs and global wholesale distributors from a single 3,500 MT-capacity facility in Zeeland, Netherlands.
- Ownership category
- akta.pro rank
The Kingfish Company industry classification
Industry- Product category
- Land-based Aquaculture
- NAICS
- Finfish Farming and Fish Hatcheries (112511)
- SIC
- Prepared Fresh Or Frozen Fish & Seafoods (2092)
- akta.pro primary industry
- Recirculating Aquaculture Systems (RAS) & Land-Based Farming (AFAEAAAG)
- akta.pro secondary industries
- Recirculating Aquaculture Systems (RAS) & High-Density Farming Feed (AFADADAL), Aquaculture Processing & On-Farm Value-Add (primary handling, icing, packing) (AFAEAAAN)
Keywords
Where The Kingfish Company is headquartered
LocationHeadquarters
- HQ city
- Kats
- HQ country
- Netherlands
- HQ region
- Europe
Offices1 record
Markets served
The Kingfish Company business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Operations, Personnel, Supply Chain, Infrastructure, Technology or R&D, Marketing or Sales
Revenue model
- Yellowtail Kingfish Production and Sales: Primary revenue stream from producing and selling yellowtail kingfish (also known as Japanese amberjack) to B2B customers including chefs and wholesalers. The company operates land-based farms and sells whole fish or processed products to foodservice and distribution partners.
Go-to-market motion1 record
Distribution channels1 record
Marketing channels5 records
The Kingfish Company product offering
Product offeringCore offering
The Kingfish Company operates a land-based recirculating aquaculture system (RAS) facility in Zeeland, Netherlands, producing premium yellowtail kingfish (Japanese amberjack) using filtered seawater throughout the production cycle. The company raises fish from egg to plate in a controlled environment, with an annual nameplate capacity of 3,500 metric tons, and sells whole fish and processed products to B2B customers including world-class chefs, fine dining restaurants, and top wholesalers and purveyors worldwide.
Product overview
The Kingfish Company is a land-based aquaculture producer operating a single facility in Zeeland, The Netherlands, using recirculating aquaculture systems (RAS) to produce premium yellowtail kingfish. The company sells its fish products directly to world-class chefs and through partnerships with top wholesalers and purveyors worldwide. With an annual nameplate capacity of 3,500 tons at its Zeeland facility, the company positions itself as a sustainable alternative to traditional ocean fishing, emphasizing its use of filtered seawater and alignment with United Nations Sustainable Development Goals.
Differentiator
Problem solved
Functional benefit
Products and services
- Yellowtail Kingfish (Premium Aquaculture) Land-based recirculating aquaculture system (RAS) production of premium yellowtail kingfish (Japanese amberjack), raised from egg to plate using filtered seawater with no additives, marketed to world-class chefs and top wholesalers and purveyors worldwide. Annual nameplate production capacity is 3,500 metric tons at the Zeeland facility.
Quantifiable outcome
- FY2025 revenue grew 29% year-over-year to EUR 35.8 million
- +3 more outcomes
Companies that use The Kingfish Company
Customer profileNamed customers2 records
Segments2 records
Ideal customer profiles2 records
The Kingfish Company technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature2 records
The Kingfish Company partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- World's Best ChefscoreThe company has established itself as a trusted partner for world-class chefs who seek premium sustainable yellowtail kingfish. These chef relationships serve as both a customer base and key reference points for brand credibility in the fine dining sector.
Scale indicators10 records
Recent moves6 records
Expansion highlights4 records
The Kingfish Company competitors and assessment
Company assessmentDirect peers
- Atlantic Sapphire: US-listed land-based salmon RAS operator. Closest direct comparable to Kingfish: same Recirculating Aquaculture System technology, B2B premium seafood positioning, and capital-intensive scaling challenges.
- Salmon Evolution: Norwegian land-based RAS salmon producer with operational Indre Harøy facility. Direct peer in technology approach (RAS), B2B sales model, and European geographic focus.
- Pure Salmon (8F Asset Management): Global land-based RAS salmon platform developing facilities across multiple geographies. Comparable in RAS technology stack and premium B2B positioning, though focused on salmon rather than yellowtail.
- Nordic Aquafarms: Norwegian/US land-based RAS salmon and steelhead producer. Directly comparable technology and target market, with similar scaling and capital intensity profile.
- AquaBounty Technologies: Land-based genetically modified salmon producer using RAS technology. Comparable in land-based aquaculture approach and premium B2B go-to-market.
- Stolt Sea Farm: Spanish/Norwegian aquaculture operator producing turbot and sole, partly via land-based systems. Direct peer in land-based premium finfish farming and European distribution.
Emerging players
- Andfjord Salmon: Norwegian land-based flow-through salmon producer. Adjacent land-based technology, B2B salmon focus; partial overlap with Kingfish's land-based premium positioning.
- Whole Oceans: Emerging US-based land-based RAS salmon developer. Comparable technology and target market, though earlier-stage with limited production at scale.
Broad incumbents
- Mowi: World's largest Atlantic salmon producer. Broad incumbent overlapping in B2B premium seafood supply, though primarily ocean-based aquaculture; competitive reference for premium European seafood distribution.
- Cargill Aqua Nutrition: Global aquaculture feed supplier serving Kingfish's input needs. Broad incumbent providing enabling feed inputs; relevant comparator for RAS-adjacent supply chain economics.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights6 records
Customer concentration
The Kingfish Company social profiles
Digital presenceThe Kingfish Company financial estimates
Financial estimateRevenue estimate
Valuation estimate
The Kingfish Company leadership team
Management profileNumber of profiles
Profiles4 records
The Kingfish Company funding detail
Funding detailFunding overview
Funding rounds3 records
Investors9 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
The Kingfish Company M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about The Kingfish Company
What does The Kingfish Company do?
The Kingfish Company operates a land-based recirculating aquaculture system (RAS) facility in Zeeland, Netherlands, producing premium yellowtail kingfish (Japanese amberjack) using filtered seawater throughout the production cycle. The company raises fish from egg to plate in a controlled environment, with an annual nameplate capacity of 3,500 metric tons, and sells whole fish and processed products to B2B customers including world-class chefs, fine dining restaurants, and top wholesalers and purveyors worldwide.
Is The Kingfish Company a public or private company?
The Kingfish Company is a public company. It is classified as public and is currently operating.
When was The Kingfish Company founded?
The Kingfish Company was founded in 2016. It employs 101 to 250 people.
Where is The Kingfish Company based?
The Kingfish Company is headquartered in Kats, Netherlands, in the Europe region.
How does The Kingfish Company make money?
One revenue line is on record: yellowtail Kingfish Production and Sales.
Who are The Kingfish Company's main competitors?
Direct peers on record are Atlantic Sapphire, Salmon Evolution, Pure Salmon (8F Asset Management), Nordic Aquafarms, AquaBounty Technologies and Stolt Sea Farm. Emerging players are Andfjord Salmon and Whole Oceans. Broad incumbents are Mowi and Cargill Aqua Nutrition.
Does The Kingfish Company have an API?
No public API is recorded for The Kingfish Company.
What industry is The Kingfish Company in?
The Kingfish Company's product category is Land-based Aquaculture. Its primary akta.pro industry code is AFAEAAAG, Recirculating Aquaculture Systems (RAS) & Land-Based Farming, with a secondary code of AFADADAL, Recirculating Aquaculture Systems (RAS) & High-Density Farming Feed. Its NAICS code is 112511 and its SIC code is 2092.