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Smart Ocean
Developing ocean technology for various industries such as fisheries, aquaculture, and marine operations
About Smart Ocean
Smart Ocean AS provides digital solutions for the maritime and fishing industries. The company develops and sells the Smart Ocean Buoy, a device that allows fishermen to locate and monitor their fishing gear in real-time. This is achieved through the use of GPS technology and the Iridium satellite network, which ensures global coverage.
The system is designed to increase efficiency and reduce the risk of losing expensive equipment. Customers can access the data through a real-time dashboard, which also provides insights into ocean conditions such as water quality, currents, and wave conditions. This data can be used to optimize fishing operations and improve decision-making.
The company operates on a B2B model, selling its hardware (the buoys) and providing access to its data platform. Its clients are primarily in the commercial fishing sector. Smart Ocean also has a presence in the broader marine management market, offering its data-gathering capabilities to other stakeholders who require real-time ocean data.
Source: Dealroom company dataAt a glance
- Founded
- 2019
- Headquarters
- Grimstad, Norway
- Sector
- Other B2B Software
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Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Seed8 investors entered at this stage
Innovation Norway
Research Council of Norway
Katapult Ocean
European Innovation Council
Egersund Group
MP Pensjon
TRK Group
EIC Fund
Source: Dealroom Talent Intelligence.
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