About Stingray Marine Solutions
Stingray Marine Solutions is an Agriculture company based in Oslo (Norway) founded in 2012, and was acquired by Novo Holdings in October 2024. Laser-based optical delousing solutions for salmon and trout are provided. It operates on a AgriTech Models and Product-as-a-Service model in Agriculture and Technology sectors. Stingray Marine Solutions has raised $5.2 million across 4 funding rounds from investors including Innovasjon Norge, European Union and Pareto Securities. Stingray Marine Solutions offers products and services including Fiskens Helsestasjon, Laser Delousing, and Lice Counting. Its focus areas include Aquaculture and Fish Welfare Technology. Its legal entity is Stingray Marine Solutions AS.
Company details
Stingray Marine Solutions is engaged in revolutionizing the aquaculture industry through innovative laser technology. Solutions are developed for delousing and continuous monitoring of fish health, minimizing physical handling. Stress and injuries to fish are reduced, contributing to lower mortality rates. The company operates primarily in the fish welfare sector, offering sustainable and efficient methods for fish farming. Advanced systems are provided to ensure natural and effective aquaculture practices.
- Headquarters Oslo, Norway
- Stage Acquired
- SectorsAgricultureTechnology
- Email••••••••
- Phone•••• ••••
- Website stingray.no
- Social LinkedIn X Instagram YouTube
- Acquired by Novo Holdings (Oct 2024)
- Legal Name Stingray Marine Solutions As
- Total Equity Funding$5.2M (USD)
in 4 rounds
- Latest Funding Round$5.2M (USD), Series A
Dec 2016
- InvestorsInnovasjon Norge
& 6 more
- Acquired byNovo Holdings
(Oct 2024)
Products & Services of Stingray Marine Solutions
Stingray Marine Solutions offers a comprehensive portfolio of products and services, including Fiskens Helsestasjon, Laser Delousing, and Lice Counting.
Laser technology is used for fish health monitoring.
Lice are removed using precise laser technology solutions.
Lice populations are monitored with advanced counting systems.
Apps and channels of Stingray Marine Solutions
its YouTube channel Stingray Marine Solutions AS has 183 subscribers and 6 videos.
Videos from Stingray Marine Solutions
The most watched videos on Stingray Marine Solutions's YouTube channel, Stingray Marine Solutions AS (183 subscribers). Click a video to play it here.
More on Stingray Marine Solutions AS.
Funding Insights of Stingray Marine Solutions
Stingray Marine Solutions has successfully raised a total of $5.2M across 4 strategic funding rounds. The most recent funding activity was a Series A round of $5.2 million completed in December 2016. 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 $5.2M
- Total Rounds 4
- Last Round Series A — $5.2M
- First Round $636,000
(Jun 2012)
- Investors Count 6
All 4 funding rounds of Stingray Marine Solutions with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec 2016 | $5.2M | Series A | – | Pareto Securities, Holta Invest | – |
| Jul 2015 | $54,762 | Grant | – | – | |
| Feb 2015 | $56,535 | Grant | – | – | |
| Jun 2012 | $636,000 | Grant | – | – |
7 investors in total: 7 institutional.
Investors in Stingray Marine Solutions
Stingray Marine Solutions has secured backing from 7 investors, including institutional and venture fund investors. Prominent investors backing the company include Innovasjon Norge, European Union and Pareto Securities.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
| holta.com | ||||
Televenture is recognized as a leading venture capital firm in Norway. | 1993 | televenture.no | Oslo, Norway | |
Government agency and accelerator focusing on innovative startups and SMEs | eicfund.eu | Brussels, Belgium | ||
Private equity and venture capital fund focused on the healthcare sector | novoholdings.dk | Hellerup, Denmark | ||
Provides investment banking, brokerage, and research in Nordic and international markets. | 1986 | paretosec.com | Oslo, Norway | |
Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability | 1958 | europa.eu | Brussels, Belgium | |
Consulting services in agriculture, travel, and international investments are offered. | 2004 | innovasjonnorge.no | Oslo, Norway |
Investor details for Stingray Marine Solutions
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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People of Stingray Marine Solutions
1 people are tracked at Stingray Marine Solutions (1 in leadership).
| Name | Role | Group |
|---|---|---|
Tanja Sevatdal | Office Manager & PA to the CEO | Leadership |
Complete people profiles for Stingray Marine Solutions
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Timeline of Stingray Marine Solutions
4 dated milestones of Stingray Marine Solutions across 12 years, from founding to its latest funding, stage changes and deals.
- Founded Stingray Marine Solutions is founded.
- Funding First funding round of $636K.
- Funding Latest funding round, Series A, of $5.2M.
- Exit Acquired by Novo Holdings.
Web traffic of Stingray Marine Solutions
The website of Stingray Marine Solutions (stingray.no) receives about 8.2K visits a month.
- Monthly visits8.2K
▼ 25.2% vs previous month
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Frequently Asked Questions about Stingray Marine Solutions
Stingray Marine Solutions was founded in 2012.
Stingray Marine Solutions is headquartered in Oslo, Norway. It is registered at Oslo, Oslo, Norway.
Stingray Marine Solutions is a funded company, having raised a total of $5.2M across 4 funding rounds to date. The company's 1st funding round was a Grant of $636K, raised on Jun 2012.
Stingray Marine Solutions is engaged in revolutionizing the aquaculture industry through innovative laser technology. Solutions are developed for delousing and continuous monitoring of fish health, minimizing physical handling. Stress and injuries to fish are reduced, contributing to lower mortality rates. The company operates primarily in the fish welfare sector, offering sustainable and efficient methods for fish farming. Advanced systems are provided to ensure natural and effective aquaculture practices.
Stingray Marine Solutions offers Fiskens Helsestasjon, Laser Delousing, and Lice Counting.
Stingray Marine Solutions has 7 investors. Key investors include Innovasjon Norge, European Union, Pareto Securities, Holta Invest, and Televenture.
Stingray Marine Solutions operates through Stingray Marine Solutions As.
Yes. Stingray Marine Solutions was acquired by Novo Holdings in October 2024.