Halifax-based ReelData has closed a $2.5 million funding round provided by S2G Ventures' Ocean and Seafood Fund, which will help it scale its artificial intelligence product for land-based aquaculture.
Land-based aquaculture is an embryonic form of fish-farming, but it’s also fast growing, and ReelData plans to have an essential product for the industry as it becomes mainstream.
In linking up with S2G Ventures’ new ocean fund, the ReelData team has overcome one of the big obstacles for oceantech companies: finding growth-stage funders specialized in nautical industries. Chicago-based S2G is