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§ Private Profile · Halifax, NS, Canada
ReelData AI is a technology company.
ReelData AI provides an AI suite for land-based aquaculture, focusing on maximizing growth, minimizing costs, and reducing risks through data-driven insights.
ReelData AI has raised $8.0M across 1 funding round.
ReelData AI has raised $8.0M in total across 1 funding round.
ReelData AI has raised $8.0M in total across 1 funding round.
ReelData AI's investors include Buoyant Ventures, Larsen Mettler, The Nest Family Office.
ReelData AI has raised $8.0M across 1 funding round. Most recently, it raised $8.0M Series A in January 2023.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Jan 1, 2023 | $8M Series A | Buoyant Ventures | Larsen Mettler, The Nest Family Office | Announced |
ReelData AI is a venture-backed agtech company developing AI solutions for land-based aquaculture, focusing on smolt, post-smolt, and on-growing facilities to boost efficiency, growth, and sustainability in fish farming.[1][2][3][4] Its core ReelData AI Suite includes AI Smart Feeding for real-time appetite-based automation, AI Biomass Monitoring (ReelBiomass/ReelWeight) for accurate stock estimation, ReelStress for environmental health detection, ReelHealth for early disease identification, and AI Cameras for behavior surveillance, serving large-scale land-based fish farms worldwide to cut waste, reduce mortality, lower costs, and minimize environmental impact.[1][3][4] Founded around 2018-2019, the company has raised $10.6M (including an $8M Series A two years ago), employs 11-50 people in Halifax, Nova Scotia, Canada, and shows positive momentum with a Mosaic Score up +111 points recently, partnerships like Farm in a Box, and trials such as Fifax on rainbow trout.[1][2][3][4]
ReelData AI emerged in 2018 (per CB Insights and Buoyant) or 2019 (per S2G Investments), headquartered in Halifax, Nova Scotia, Canada (also noted as Dartmouth), as a response to sustainability challenges in global food production via land-based aquaculture.[1][2][3] Led by CEO Mathew Zimola, the team built early traction by targeting inefficiencies in fish farming, such as manual feeding and inaccurate biomass estimates, securing venture backing and deploying solutions with the world's largest land-based fish farms.[1][3][4] Pivotal moments include raising $10.6M total funding, filing one patent in AI-aquaculture tech, and recent expansions like the Farm in a Box partnership and ReelWeight trials, humanizing its mission through client testimonials on uncovering "missing feeding opportunities."[1][4]
ReelData AI stands out in agtech through integrated, real-time AI tailored for land-based aquaculture:
ReelData AI rides the agtech-AI wave addressing food security amid climate pressures, targeting land-based aquaculture's growth as a sustainable alternative to ocean farming, amid rising demand for protein with less environmental harm.[1][2] Timing aligns with post-2020 investments in closed-containment systems, fueled by market forces like regulatory pushes for low-waste farming, AI advancements in computer vision, and global sustainability mandates.[1][4] It influences the ecosystem by enabling farms to achieve competitive pricing through data-driven efficiency, partnering with innovators like Farm in a Box, and contributing to AI's cross-industry shift toward precision agriculture and marine tech analogs like Whale Seeker or SeaDeep.[1][2][4]
ReelData AI is poised for expansion with its maturing AI Suite, likely pursuing further funding beyond Series A and global farm adoption amid aquaculture's projected boom.[1][3] Trends like AI-enhanced biologics, stricter ESG regulations, and land-based facility scaling will propel it, potentially evolving into a full-stack platform influencing agtech standards for sustainable protein. As a leader perfecting AI for aquaculture's "future," it ties back to transforming information scarcity into farm resilience.[4]