Catchwise, based in Oslo, has raised €1.25M in pre-seed funding led by Dreamcraft Ventures and supported by angel investors. The company is focused on modernizing the wild fishery industry through advanced technology and AI, aiming to enhance operational efficiency, reduce costs, and promote sustainability. The funds will be utilized to develop a platform optimizing fishing routes and reducing fuel consumption, showcasing significant potential for transforming fishing practices in a sustainable way.
The Catchwise team brings unparalleled expertise and innovation to solving the commercial fishing industry's most pressing challenges. By harnessing AI and data-driven technology, they are transforming fishing practices for a more efficient, cost-effective, and sustainable future. Their cutting-edge solution is already delivering increased catch efficiency, reduced operational costs, and a lower carbon footprint-ushering in a new era for the industry.
This funding milestone is a key enabler for us to lean in and give the fishing industry the modern software they deserve, as well as a nod from the international investment community that there is significant value to be created here.
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