ReelData AI Announces $8M USD Series A Round
ReelData AI (“ReelData”), a company leveraging AI to provide customized data and automation to land-based farmers, today announced it has closed an US$8M Series A funding round led by Buoyant Ventures. Additional investment was also provided by S2G Ventures and The Nest Family Office. Funding will be used to advance the company’s vision to bring the world’s most sustainable aquaculture practices to the mainstream.
ReelData’s first product on the market – ReelAppetite – identifies real-time population appetite and adjusts feed levels accordingly to maximize biomass while limiting waste. This technology has helped save companies up to $2-3 million USD on wasted feed per 10,000 MT annual production – in addition to related savings generated from increased growth rate and reduced production risks.