Aquabyte has secured a majority investment from Vitruvian Partners, reinforcing its position as a leader in AI-assisted aquafarming and enabling further growth in the sustainable aquaculture industry.

Information on the Target

Aquabyte, founded in 2017 by Bryton Shang, is a pioneering company in the aquaculture industry that leverages artificial intelligence (AI) and underwater cameras to monitor fish health, welfare, and biomass in real-time. By addressing the challenges faced by fish farmers, who traditionally relied on manual sampling and guesswork to manage millions of fish, Aquabyte has emerged as a leader in AI-assisted aquafarming, significantly transforming operational practices within the sector.

Under the guidance of CEO Steve Tucker and a skilled executive team, Aquabyte has successfully embedded its AI-based monitoring systems in the day-to-day operations of some of the largest aquaculture operations across regions such as Norway, Chile, and Iceland. The company has built a reputation for trustworthiness in an industry where such trust is highly coveted, proving its remarkable capacity to solve critical operational challenges in aquafarming.

Industry Overview in the Target’s Specific Country

Aquaculture is a crucial yet often overlooked segment of global food production, especially as wild fish stocks are under increasing pressure from overfishing and ecological changes. The growing global population requires efficient protein sources,