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Smart Ocean

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Developing ocean technology for various industries such as fisheries, aquaculture, and marine operations

Grimstad, NorwayFounded 2019Other B2B Software
Valuation <$5M Last recorded · 2023
Revenue <$1M Latest reported FY
Headcount <100 Current team size
Total funding $10–50M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for Smart Ocean and the history behind them.

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 data

At a glance

Founded
2019
Headquarters
Grimstad, Norway
Sector
Other B2B Software

Investors

8 investors on the cap table

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
Team profiled 6 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 4 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
2 countries with
team presence
🇳🇴 Norway90%
🇬🇧 United Kingdom10%
2 countries shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Smart Ocean on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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