Nofitech

Trondheim, Norway Founded: 2011 • Age: 15 yrs
Developer of RAS solution for seawater and freshwater
Annual revenue $17.3M Latest available
Total funding - Funding intelligence
Employees - Tracked headcount
Investors - Known backers
Products 2 Services tracked
Competitors 8 Brand Intelligence

About Nofitech

Nofitech is a company based in Trondheim (Norway) founded in 2011 by John Hestad and Geir Lovik. Nofitech has completed 2 acquisitions, including CM Aqua Technologies and Ratz Aqua & Polymer Technik. Nofitech offers products and services including ModulRAS and Nofitech Academy. Nofitech operates in a competitive market with competitors including Forever Oceans, Catalina Sea Ranch, FishGLOBE, Lgem and Snrassystems, among others.

  • Headquarter Trondheim, Norway
  • Founders John Hestad, Geir Lovik
  • Sectors
    Agriculture
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Norwegian Fishfarming Technologies As
Operational Areas
Agriculture → Aquaculture & Fisheries Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $17.27 M (USD)
    0
    as on Dec 31, 2021
  • Net Profit
    $385.25 K (USD)
    30
    as on Dec 31, 2021
  • EBITDA
    $499.85 K (USD)
    31
    as on Dec 31, 2021
  • Latest Funding Round
    Not available
  • Investors
    Not available
  • Employee Count
    Not available
  • Investments & Acquisitions
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Products & Services of Nofitech

Nofitech offers a comprehensive portfolio of products and services, including ModulRAS and Nofitech Academy.

Product name locked
Category locked
Primary

Modular solutions for fish farming production phases.

Product name locked
Category locked
Locked

E-learning and on-site courses for aquaculture operations.

People of Nofitech

Headcount 10-50
Employee Profiles 3
Employee Profiles
People
Kari Johanne Kihle Attramadal
Chief Scientific Officer
People
Matthew McGuire
Biologist
People
Vanessa Magaña
Biologist Chemist

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Teams

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Funding Insights of Nofitech

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Detailed funding history for Nofitech

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Investments & Acquisitions by Nofitech

Nofitech has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include CM Aqua Technologies and Ratz Aqua & Polymer Technik.

Investments
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Investment portfolio details for Nofitech

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Acquisitions
Company Name Description Domain Location Founded Year Amount
Equipment and services for aquaculture are supplied by the company.
Locked Locked 2012 Locked
Plastic components and filters for aquaculture are fabricated.
Locked Locked 1989 Locked
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Complete acquisition details for Nofitech

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Financial Statements - Nofitech

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Detailed financials for Nofitech

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Nofitech Comparisons

Nofitech Primary company
Description
Developer of RAS solution for seawater and freshwater
Location
Trondheim, Norway
Founded Year
2011
Annual Revenue
$17.27 M (USD)
Net Profit
$385.25 K (USD)
EBITDA
$499.85 K (USD)
Employees
Not available
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Peer comparison for Nofitech

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Competitors of Nofitech

Nofitech operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Forever Oceans, Catalina Sea Ranch, FishGLOBE, Lgem and Snrassystems, among others.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
Aquaculture is offered via patented offshore farming technology.
Locked Locked Locked
Offshore shellfish ranching is managed with integrated IoT sensors.
Locked Locked Locked
Closed farming technology is developed for aquaculture sustainability.
Locked Locked Locked
Controlled indoor systems for algae farming are provided by Lgem.
Locked Locked Locked
Recirculatory aquaculture systems are manufactured for efficient seafood production.
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Detailed competitors of Nofitech

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Latest news on Nofitech

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Complete news archive for Nofitech

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Frequently Asked Questions about Nofitech

Nofitech was founded in 2011.

Nofitech is headquartered in Trondheim, Norway. It is registered at Trondheim, Trøndelag, Norway.

Annual revenue of Nofitech is $17.27M as on Dec 31, 2021.

Nofitech was established in 2011 in Trondheim, Norway, as a technology firm focused on aquaculture. Recirculating aquaculture system (RAS) solutions are developed for both seawater and freshwater environments. The modular product, ModulRAS, is designed for production stages including smolt, postsmolt, grow-out, and broodstock. Training for operating staff is offered through on-site sessions and e-learning courses. Operations center on supporting sustainable fish farming practices in the sector.

Nofitech's top competitors include FishGLOBE, Forever Oceans and Snrassystems.

Nofitech offers ModulRAS and Nofitech Academy.

Nofitech has made 2 acquisitions, including CM Aqua Technologies, and Ratz Aqua & Polymer Technik.

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