InnovaSea

Bainbridge Island, United States Founded: 2015 • Age: 11 yrs
Containment systems for marine aquaculture are developed and deployed.

About InnovaSea

InnovaSea is an Agriculture company based in Bainbridge Island (United States) founded in 2015. Containment systems for marine aquaculture are developed and deployed. InnovaSea has raised $15.19 million across 2 funding rounds from investors including European Union. InnovaSea has completed 4 acquisitions, including AMIRIX Systems, Aquanetix and Nortek Akvakultur. Its website innovasea.com draws about 13 thousand monthly visits. Its focus areas include Food and Agriculture Tech, Aquaculture Tech, Farm Management and Fishes. Its competitors include Aquabyte, Acadia Harvest and Legit Fish; 2 of its 3 listed competitors have raised funding.

Company details

InnovaSea was founded in 2015 in Bainbridge Island, United States, with operations centered on the aquaculture sector. Containment infrastructure, including the AquaPod system composed of triangular net panels formed into a spheroid, is provided for marine applications. The SeaStation, a modular setup using flexible nets, is also offered. Services support clients such as Earth Ocean Farms and Blue Ocean Mariculture in containment solutions.

  • Headquarters Bainbridge Island, United States
  • Sectors
    Agriculture
  • Website innovasea.com
  • Social X
Key Metrics
  • Total Equity Funding
    $15.19M (USD)

    in 2 rounds

  • Latest Funding Round
    $105.48K (USD), Grant

    Sep 2023

  • Investors
  • Investments & Acquisitions

Funding Insights of InnovaSea

InnovaSea has successfully raised a total of $15.19M across 2 strategic funding rounds. The most recent funding activity was a Grant round of $105.48 thousand completed in September 2023. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding $15.19M
  • Total Rounds 2
  • Last Round Grant β€” $105,481
  • First Round $15.19M

    (Apr 2017)

  • Investors Count 1

All 2 funding rounds of InnovaSea with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Sep 2023$105,481Grant––
Apr 2017$15.19MSeries A––
–
Valuation history

1 investors in total: 1 institutional.

Investors in InnovaSea

InnovaSea has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include European Union.

All
Institutional
InvestorDescriptionFounded YearDomainLocation
Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
1958europa.euBrussels, Belgium
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Investor details for InnovaSea

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People of InnovaSea

81 people are tracked at InnovaSea (21 in leadership, 60 in team).

NameRoleGroup
Dan Houmann
Director of SalesLeadership
Amy Brookman
General Manager - Fish TrackingLeadership
Matthew Holland
Innovasea- Aquaculture Intelligence: Director of Customer SuccessLeadership
George Nardi
Vice President Aquaculture ServicesLeadership
Rafael Cordero
VP of EngineeringLeadership
Patrick Nealson
VP-Consulting Division DirectorLeadership
Mark Kilfoil
Director of Software EngineeringLeadership
Tim Stone
VP & GM Of Aquaculture IntelligenceLeadership
Kelly Sonnenshein
Director of MarketingLeadership
Marc Turano
Vice President and General Manager, Land Based SystemsLeadership
Glenn Snapp
Vice President - Technical & Field ServicesLeadership
Greg Beckman
VP Integrated Systems - InnovaseaLeadership
Jean Quirion
Vice President Research and DevelopmentLeadership
Cyril Dempsey
Director of SalesLeadership
Tracey Steig
Vice PresidentLeadership
Leigh Woltman
Director of Software EngineeringLeadership
Diogo Fernandes Thomaz
MD and VP Aquaculture Farm SoftwareLeadership
Sara Stout-Grandy
Director of Hardware Engineering in AQILeadership
Aaron Legge
Head Of Product Management - Fish TrackingLeadership
Hugh Pederson
Regional DirectorLeadership

61 more people are available in the full profile.

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Investments & Acquisitions by InnovaSea

InnovaSea has strategically engaged in corporate development activities, having acquired 4 companies. Notable acquisitions include AMIRIX Systems, Aquanetix and Nortek Akvakultur.

Acquisitions
Company NameDescriptionDomainLocationFoundedAcquiredAmount
Cloud-based aquaculture management software with predictive analytics is provided.
aquanetix.co.ukLondon, United Kingdom2012May 2023β€’β€’β€’β€’
Water treatment system provider
w-m-t.comBaton Rouge, United States1998Feb 2019β€’β€’β€’β€’
Aquaculture equipment for open ocean and land-based systems is supplied.
nortekakva.noLaksevag, Norway2018Jan 2019β€’β€’β€’β€’
Custom embedded systems and electronics design services are provided.
amirix.comHalifax, Canada1981Nov 2017β€’β€’β€’β€’
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Complete acquisition details for InnovaSea

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  • Exports

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Timeline of InnovaSea

7 dated milestones of InnovaSea across 8 years, from founding to its latest funding, stage changes and deals.

  1. Founded InnovaSea is founded.
  2. Funding First funding round of $15.2M.
  3. Acquisition Acquires AMIRIX Systems.
  4. Acquisition Acquires Nortek Akvakultur.
  5. Acquisition Acquires Water Management Technologies.
  6. Acquisition Acquires Aquanetix.
  7. Funding Latest funding round, Grant, of $105K.

Competitors of InnovaSea

InnovaSea has 3 listed competitors in our database, 2 of them funded. They include Aquabyte, Acadia Harvest and Legit Fish.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
aquabyte.ai2017San Francisco, United States$48.37M22
AI-based software platform for aquaculture monitoring is provided.
acadiaharvest.com2013Franklin, United States
Operates an integrated business for land-based aquaculture and produce supply.
legitfish.com2018Boston, United States$1.57M
Traceability and management solutions for aquaculture seafood are provided.
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Detailed competitors of InnovaSea

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Web traffic of InnovaSea

The website of InnovaSea (innovasea.com) receives about 13.5K visits a month.

  • Monthly visits
    13.5K

    ▲ 9.4% vs previous month

Similar websites

Websites whose visitors overlap most with InnovaSea. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
rastechmagazine.com
rastechmagazine.com
100%
#3,859,317–
gogreenaquaponics.com
gogreenaquaponics.com
82%
#1,057,765–
farmbrite.com
82%
48.6K#578,482View details
bentoli.com
82%
#4,460,838View details

Top companies in Aquaculture Tech & Equipment

2 companies that operate in the same segment as InnovaSea (Aquaculture Tech & Equipment) in United States, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Protein nutritional feeds for animals are produced via natural fermentation.
2011Menlo Park, California, United StatesUSD 177.22 M21
AI-based software platform for aquaculture monitoring is provided.
2017San Francisco, California, United StatesUSD 48.37 M22
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Related news about Innovasea

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Frequently Asked Questions about InnovaSea

InnovaSea was founded in 2015 and raised its 1st funding round 2 years after it was founded.

InnovaSea is headquartered in Bainbridge Island, United States. It is registered at Bainbridge Island, Washington, United States.

InnovaSea is a funded company, having raised a total of $15.19M across 2 funding rounds to date. The company's 1st funding round was a Series A of $15.19M, raised on Apr 2017.

InnovaSea was founded in 2015 in Bainbridge Island, United States, with operations centered on the aquaculture sector. Containment infrastructure, including the AquaPod system composed of triangular net panels formed into a spheroid, is provided for marine applications. The SeaStation, a modular setup using flexible nets, is also offered. Services support clients such as Earth Ocean Farms and Blue Ocean Mariculture in containment solutions.

InnovaSea's top competitors include Aquabyte, Legit Fish and Acadia Harvest.

InnovaSea has made 4 acquisitions, including AMIRIX Systems, Aquanetix, and Nortek Akvakultur.

InnovaSea has 1 investor. Key investors include European Union.

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