Princeton University has backed the business, which is piloting a fish farming optimisation technology in Norway.
Aquabyte, a US-based fish farming optimisation technology startup founded by an alumnus of Princeton University, has secured $3.5m in a seed round featuring the university.
The round was co-led by VC firms Costanoa Ventures and New Enterprise Associates, and also included unspecified strategic investors from the US and Norway. Norway-based startup news site Shifter named local VC firm Alliance Venture as an additional participant.
Aquabyte is creating aquaculture analytics technology that applies computer vision and machine learning to pictures from underwater…