Specialising in ‘aquaculture’

15:09, 16 Jun 2026Updated 15:14, 16 Jun 2026

(LtoR) Martin Reidy, AI & Systems Lead, Hatch Blue and Sarah Libesey, General Manager, Republic of Work
Margaret McCoy, Finance Manager, HB and Frank Brennan, CEO and owner at RoW, Jules Elbers, Junior Analyst, HB and Barry Mulqueen, CFO HB

Cork continues to pave the way as an innovation and business hub – with a new global investment firm bringing its new headquarters to South Mall.

Hatch Blue is a multinational company specialising in sustainable growth and innovation in aquaculture, and operates worldwide. Its teams are based in Germany, Norway, Singapore and now Cork.

The firm is due to take up a permanent tenancy in the Republic of Work co-working space from September and will bring its global network and €93 million flagship fund with it.

Hatch Blue’s Blue Revolution Fund targets seed- and series A-stage businesses. Its focus is startups working on sustainability and innovation in aquaculture – an industry that includes fish farms, regenerative seaweed, bivalve farming, and more.

The Blue Revolutions Fund has attracted commitments totalling millions to back sustainable aquaculture technology from the European Investment Fund, the Irish Strategic Investment Fund, and Germany’s Retenbank.

Speaking about the announcement, Frank Brennan, CEO and owner of Republic of Work, said: “We are delighted to welcome Hatch Blue to Republic of Work. We value their expertise in their field, and we believe we are perfectly primed to work closely together. I look forward to what’s to come.”

Barry Mulqueen, CFO at Hatch Blue, said: “We’re delighted to make Republic of Work our Irish base. It’s a hub built for ambitious, fast-moving companies, and that’s exactly the environment we want around us as we grow. We’re looking forward to being part of the community.”

Founded in 2017, Hatch Blue helps build leading aquaculture companies worldwide through three core activities: venture capital funds that invest along the aquaculture and seafood value chain; venture-building programs to help scale early-stage aquaculture companies; and a consulting arm that advises businesses and governments throughout the aquaculture value chain.