AQUA NEWS

AQUABYTE NETS $10 MILLION INVESTMENT

Aquabyte sells machine-learning technology related to automatic lice detection, biomass estimation and fish-health detection.

Aquabyte, the aquaculture tech startup with bases in Bergen, San Francisco and Puerto Montt, raised NOK 89 million (€8.5 million/$10 million) to tap into more markets. The company is interested in extending its technology from Norway, Chile and the United Kingdom, to Canada, the Middle East, the United States and Asia, Aquabyte Founder and CEO Bryton Shang said on LinkedIn.

Aquabyte has started operations in Bergen which includes a testing facility and demonstration room to entertain customers.

Last summer, the company raised $10 million (€8.5 million) in Series A funding to help it accelerate product development by doubling its team and expanding into Scotland, Canada and Chile.