Firm hopes to make a big splash with marine venture

THE seahorse isn’t just a fairytale myth— it’s a real live creature, almost worth its weight in gold, which could make millions for a newly set-up company in Galway.

Seahorse Ireland is the first company in the world to start cultivating seahorses on a commercial basis and is about to enter a market estimated to be worth more than $100 million annually.

Set up in 2001, Seahorse Ireland plans to commence trading in November this year selling seahorses for €200 each on the internet.