The corporate specialises within the aerial identification and monitoring of aquaculture operations. Through the use of satellite-images and proprietary software program and algorithms, it creates deep insights into spatial distribution and previous efficiency of aquaculture operations worldwide.
NOK 1.9 million of the newest funding spherical got here from new buyers, led by Planet 9 Venture, which triggered a NOK 2.4 million startup mortgage from Innovation Norway.
Dynaspace* supplies actual time world info on shrimp farming, and is at present monitoring over 300,000 shrimp ponds, in each South America and Asia, by its InsightSPHERE, cloud-based platform. Pond exercise, illness outbreaks, monitoring of manufacturing cycles, and manufacturing forecasts – on both a neighborhood or world scale – are among the options out there inside InsightSPHERE. This info can be utilized to extend useful resource utilisation and enhance meals safety.
“The shrimp farming business is at present unsustainable, primitive and chaotic and in a world in want for sustainable options the business wants innovation. That is the place Dynaspace contributes by advancing aquaculture transparency, which is essential to world sustainability,” explains CEO, Hogne Andersen.
A part of Hatch’s third cohort, the Bergen-based agency was certainly one of two firms chosen to hitch the European Space Agency (ESA) 2020 enterprise incubation programme, which included €25,000 in funding.
“By way of the participation within the ESA incubation programme we’ve made tight bonds with the worldwide house business and their experience, which supplies numerous optimistic synergies,” Andersen explains.
“Now we have additionally not too long ago acquired a NOK 600,000 grant from the Norwegian Area Company, which allows us to extend our detection capabilities,” he provides.
The corporate had beforehand raised NOK 4.4 million, previous to the seed funding spherical, by a mix of fairness, grants and money prizes.
The newest funding spherical might be used to onboard prospects, develop the product and enhance the dimensions of their staff. They’re at present trying to develop their staff in Bergen and are aiming to rent key personnel within the fields of growth, analytics, gross sales and advertising and marketing.
“Our insights allow world environmental and sustainable monitoring and can be utilized to direct suppliers of carbon-neutral feed, life enhancing expertise, renewable vitality and antibiotic-free well being merchandise to farmers,” explains Andersen.
“We will additionally assist governments to successfully enhance meals safety and useful resource utilisation, in addition to enhancing farmers’ entry to monetary and insurance coverage merchandise, by offering the essential information wanted to de-risk investments,” he provides.
*Dynaspace is a part of Hatch’s portfolio, however The Fish Website retains editorial independence.