Umitron
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
$8.3m | Seed | ||
$2.7m | Seed | ||
* | N/A | $2.0m | Series A |
$11.1m | Late VC | ||
* | $4.6m | Series A | |
* | $4.6m | Debt | |
Total Funding | €26.1m |
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EditUmitron is a pioneering company in the aquaculture technology sector, focusing on integrating artificial intelligence (AI) and Internet of Things (IoT) to enhance the efficiency, sustainability, and traceability of marine farming. The company serves a diverse range of clients, including marine farmers, large-scale aquaculture operations, and retail consumers interested in sustainably sourced seafood. Operating primarily in the global aquaculture market, Umitron's business model revolves around providing advanced technological solutions such as AI-based analytics, smart feeding systems, and real-time data platforms to optimize farming operations. Additionally, Umitron generates revenue through the sale of farmed fish via their online shop, UMI to SACHI, and through strategic business alliances and collaborations with insurance companies, supermarkets, and research organizations. The company also engages in joint research initiatives aimed at promoting a carbon-neutral circular economy and sustainable seafood production.
Keywords: AI, IoT, aquaculture, sustainability, marine farming, smart feeding, data analytics, seafood traceability, carbon-neutral, online shop.