Undercurrent News

Morpol founder picks up 12.9pct stake in Norwegian biomarine firm Hofseth for NOK45M

Jerzy Malek, the founder of salmon processor Morpol, picked up a 12.9% stake in Alesund, Norway-based biomarine firm Hofseth Biocare in a private placement valued at NOK45 million.

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Chilean government grants $350K to Kaitek Labs to develop red tide detector

The government of Chile gave $350,000 in funding to tech startup Kaitek Labs to develop prototype of a device that detects red tide in a bid to reduce the costs of testing for toxins.

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