
Hatch
Investments
44Portfolio Exits
2Funds
2About Hatch
Hatch is an accelerator program focused on the aquaculture industry, seeking to find, develop, and scale talented aquaculture startups. It looks for teams with scalable solutions that solve significant problems in the aquaculture industry in order to enable its long-term viability. It provides its portfolio companies with a route to revenue and capital, delivered through its industry contacts and access to a global investment community with a specific interest in aquaculture. Hatch was founded in 2017 and is based in Cork, Ireland.

Want to inform investors similar to Hatch about your company?
Submit your Analyst Briefing to get in front of investors, customers, and partners on CB Insights’ platform.
Research containing Hatch
Get data-driven expert analysis from the CB Insights Intelligence Unit.
CB Insights Intelligence Analysts have mentioned Hatch in 2 CB Insights research briefs, most recently on Jun 9, 2021.
Latest Hatch News
Mar 23, 2023
BHP and Hatch pilot green smelting furnace utilizing hydrogen and Pilbara iron ore By Anela Dokso March 23, 2023 An agreement to jointly develop an electric smelting furnace pilot plant, a first-of-its-kind steel production method that, if successful, would pave the path for low CO2 steelmaking, has been inked by BHP and the international engineering firm Hatch. BHP’s Pilbara iron ore will be used in the experimental program. With a longer-term objective of expediting the scale-up of electric smelting furnace (ESF) technology, the small-scale demonstration plant would be used to work with steel producers and technology providers to evaluate the process. About two tonnes of CO2 are produced for every one tonne of steel, a process that requires high temperatures to remove oxygen from iron ore in order to produce pure iron. According to estimates, the industry contributes 7% of world emissions. Australia is a major producer of steel, turning out about 3.5 million tonnes yearly. More significantly, though, Australia exports up to 900 million tonnes of iron ore annually to be smelted into steel somewhere else. Decarbonizing steelmaking, however, has been challenging. When used in conjunction with a step from the more conventional direct reduced iron (DRI) technique of converting iron ore into iron, ESFs are furnaces that can make steel from iron ore using electricity and hydrogen. Theoretically, this new furnace type may conceivably achieve CO2 emissions reductions of more than 80%, according to BHP and Hatch. ESFs also get around a significant issue with Pilbara ores: unlike other low-emission technologies like electric arc furnaces, which need ores with low levels of impurities, they can accept ores with a wider range of impurities and raw materials. Following the pilot, the two businesses will evaluate several sites around Australia for the planned facility based on the available infrastructure, talent, and local collaboration opportunities. Share This Article
Hatch Investments
44 Investments
Hatch has made 44 investments. Their latest investment was in New School Foods as part of their Seed VC on February 2, 2023.

Hatch Investments Activity

Date | Round | Company | Amount | New? | Co-Investors | Sources |
---|---|---|---|---|---|---|
2/2/2023 | Seed VC | New School Foods | $12M | Yes | 12 | |
12/19/2022 | Series A | Aquaconnect | $6.59M | No | Flourish Ventures, Hatch, Lok Capital, Louis Dreyfus Company, Omnivore, Rebright Partners, Suneight Investment, and Undisclosed Investors | 5 |
9/20/2022 | Seed VC | Flyscan Technologies | $3.5M | Yes | BDC Capital, and Hatch | 5 |
6/23/2022 | Series A | |||||
4/6/2022 | Series A |
Date | 2/2/2023 | 12/19/2022 | 9/20/2022 | 6/23/2022 | 4/6/2022 |
---|---|---|---|---|---|
Round | Seed VC | Series A | Seed VC | Series A | Series A |
Company | New School Foods | Aquaconnect | Flyscan Technologies | ||
Amount | $12M | $6.59M | $3.5M | ||
New? | Yes | No | Yes | ||
Co-Investors | Flourish Ventures, Hatch, Lok Capital, Louis Dreyfus Company, Omnivore, Rebright Partners, Suneight Investment, and Undisclosed Investors | BDC Capital, and Hatch | |||
Sources | 12 | 5 | 5 |
Hatch Portfolio Exits
2 Portfolio Exits
Hatch has 2 portfolio exits. Their latest portfolio exit was CFEED on December 22, 2022.
Date | Exit | Companies | Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. | Acquirer | Sources |
---|---|---|---|---|---|
12/22/2022 | Corporate Majority | 2 | |||
Hatch Fund History
2 Fund Histories
Hatch has 2 funds, including The Blue Revolution Fund.
Closing Date | Fund | Fund Type | Status | Amount | Sources |
---|---|---|---|---|---|
9/21/2022 | The Blue Revolution Fund | 1 | |||
2/12/2020 | Aquaculture Fund |
Closing Date | 9/21/2022 | 2/12/2020 |
---|---|---|
Fund | The Blue Revolution Fund | Aquaculture Fund |
Fund Type | ||
Status | ||
Amount | ||
Sources | 1 |
Hatch Team
5 Team Members
Hatch has 5 team members, including current Founder, Managing Partner, Georg Baunach.
Name | Work History | Title | Status |
---|---|---|---|
Georg Baunach | Founder, Managing Partner | Current | |
Name | Georg Baunach | ||||
---|---|---|---|---|---|
Work History | |||||
Title | Founder, Managing Partner | ||||
Status | Current |
Discover the right solution for your team
The CB Insights tech market intelligence platform analyzes millions of data points on vendors, products, partnerships, and patents to help your team find their next technology solution.