Skagerak Capital has successfully exited OptoScale by selling its shares to Insight Partners, facilitating the company's international growth in the aquaculture industry through AI-driven technologies.

Information on the Target

OptoScale is at the forefront of the aquaculture industry, offering a distinct platform that delivers real-time operational insights through advanced underwater imaging and artificial intelligence. This innovative approach enables fish farmers to optimize their operations, enhance fish welfare, and minimize both costs and environmental impact, exemplifying the vital intersection of AI, climate technology, and industrial performance.

Since its establishment, OptoScale has made impressive strides in transforming the aquaculture sector, underscoring the company's mission and the potential for AI-driven initiatives to generate substantial impacts. The company has successfully gained significant traction and established a strong customer base, including partnerships with seven of the world's ten largest fish farming enterprises.

Industry Overview in Norway

Norway’s aquaculture industry plays a critical role in the global seafood market, being one of the largest producers of farmed fish, particularly salmon. The indu