FundedIQ
Agriculture and Farming

First Water: Funding, Investors & Team (Oct 2026)

First Water aims to set the standard for ethical seafood production by producing premium salmon with the least possible negative impact on the environment.

www.firstwater.is LinkedIn Kópavogur, Iceland 51-100 employees
Aquaculture Food Processing Seafood
Total raised
$46.8M
Rounds
1
Latest
Undisclosed round
Apr 2026

First Water has raised $46.8M across 1 funding round on record, the most recent an undisclosed round of $46.8M announced in Apr 2026.

That round is above the $3.1M median round size for Agriculture and Farming companies tracked on FundedIQ over the last two years.

First Water Company Profile and Key Stats

Total funding raised
$46.8M
across 1 round on record
Funding rounds on record
1
Latest funding round
Undisclosed round
$46.8M in Apr 2026
Employees
51-100
reported band
Headquarters
Kópavogur, Iceland

Latest funding round on record: Apr 2026.

First Water Funding Rounds

Date
Round
Amount
Undisclosed round
$46.8M

First Water Founders and Leadership Team

Name
Role
Contact
Benjamin Lehrer
Founder
—

No contact details are on record for this team yet.

First Water Funding Compared to Other Agriculture and Farming Startups

Segment
Companies
Median round

First Water's latest round of $46.8M is above the median round in Agriculture and Farming. Medians cover the last 24 months of disclosed rounds.

Funded Startups Like First Water in Agriculture and Farming and Kópavogur

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First Water Funding FAQs

What does First Water do?

First Water aims to set the standard for ethical seafood production by producing premium salmon with the least possible negative impact on the environment.

How much funding has First Water raised?

First Water has raised $46.8M across 1 round on record. The most recent is an undisclosed round of $46.8M announced in Apr 2026.

When did First Water last raise funding?

First Water's most recent funding round on record is an undisclosed round of $46.8M, announced in Apr 2026.

Who founded First Water?

FundedIQ lists Benjamin Lehrer (Founder) at First Water.

Where is First Water headquartered?

First Water is based in Kópavogur, Gullbringusysla, Iceland.

How many employees does First Water have?

First Water is in the 51-100 employee band.

How does First Water's funding compare to other Agriculture and Farming startups?

First Water's latest round of $46.8M is above the $3.1M median round size for Agriculture and Farming companies on FundedIQ across 1,320 tracked companies over the last two years.

About FundedIQ's First Water Funding Data

FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.

Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for First Water is left off this page rather than filled in.

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