Smart Ocean

Grimstad, Norway Founded: 2016 • Age: 10 yrs
Provides smart buoys and apps for tracking ocean resources and reducing marine litter.
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About Smart Ocean

Smart Ocean is a company based in Grimstad (Norway) founded in 2016. It operates as a D2C. The company has 15 employees as of December 31, 2022. Smart Ocean offers products and services including SmartOcean Buoy Coastal Edition II, SmartOcean Buoy Offshore Edition II, SmartOcean Marker Coastal Edition II, and SmartOcean App. Smart Ocean operates in a competitive market with competitors including Ace Aquatec, Marine Instruments, Konree Innovation, EnVision Endoscopy and NextAqua, among others.

  • Headquarter Grimstad, Norway
  • Employees 15 as on 31 Dec, 2022
  • Sectors
    Agriculture
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Smart Ocean As
Operational Areas
Agriculture → Aquaculture & Fisheries
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    15

    as on Dec 31, 2022

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Products & Services of Smart Ocean

Smart Ocean offers a comprehensive portfolio of products and services, including SmartOcean Buoy Coastal Edition II, SmartOcean Buoy Offshore Edition II, SmartOcean Marker Coastal Edition II, and SmartOcean App. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

GPS buoy for coastal monitoring with 4G connectivity and long batteries.

Satellite buoy for global asset tracking in all weather conditions.

GPS marker for flag buoys to aid in resource location.

App for real-time buoy tracking and geofence alerts.

Funding Insights of Smart Ocean

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investments & Acquisitions by Smart Ocean

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Smart Ocean

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Smart Ocean Comparisons

Employees
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Competitors of Smart Ocean

Smart Ocean 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 Ace Aquatec, Marine Instruments, Konree Innovation, EnVision Endoscopy and NextAqua, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
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Provides acoustic marine mammal deterrents and humane electrical fish stunning equipment
domain founded_year HQ Location
Acoustic-based smart feeding and monitoring systems for fisheries are developed.
domain founded_year HQ Location
Robotic pest management solutions are developed for aquaculture operations.
domain founded_year HQ Location
Devices for gastrointestinal endoscopic surgery are developed.
domain founded_year HQ Location
IoT-enabled custom-built equipment for aquaculture farms is developed.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Smart Ocean

Frequently Asked Questions about Smart Ocean

When was Smart Ocean founded?

Smart Ocean was founded in 2016.

Where is Smart Ocean located?

Smart Ocean is headquartered in Grimstad, Norway. It is registered at Grimstad, Agder, Norway.

How many employees does Smart Ocean have?

As of Dec 31, 2022, the latest employee count at Smart Ocean is 15.

What does Smart Ocean do?

SmartOcean develops GPS-enabled buoys and mobile apps to track fishing gear and promote ocean sustainability. Based in Norway, they use satellite and 4G technology for real-time monitoring, helping users prevent lost equipment and protect marine ecosystems. Products include coastal and offshore editions with integrations for chart plotters and alerts.

Who are the top competitors of Smart Ocean?

Smart Ocean's top competitors include Ace Aquatec, OxyGuard and EnVision Endoscopy.

What products or services does Smart Ocean offer?

Smart Ocean offers SmartOcean Buoy Coastal Edition II, SmartOcean Buoy Offshore Edition II, SmartOcean Marker Coastal Edition II, and SmartOcean App.

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