Machine learning and vision startup Aquabyte announced Tuesday that it has raised $3.5 million in seed funding in order to build out a team of developers to refine its software, which is geared toward using machine learning and vision to reduce costs for fish farming. The round was co-led by Costanoa Ventures and New Enterprise Associates. Princeton University and other investors also participated in the round.
The main purpose of the round is to help the company build out a team to develop its technology, both at its headquarters in San Francisco as well as Norway, where the company is working with pilot customers. The company is also focused on Norway because there’s significantly more fish farming there than there is in the United States…
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