Innovasea, a global leader in technologically advanced aquatic solutions for aquaculture and fish tracking, announced today that it has purchased Aquanetix, a UK-based aquaculture software company, and moved its operations to a new office in Greece.
Founded in 2015, Aquanetix’s cloud-based aquaculture management software provides customers with deep insights into farm operations.
“Acquiring a company of Aquanetix’s caliber presents an exciting opportunity for us,” said Innovasea CEO David Kelly. “By adding its powerful farm management capabilities to our suite of real-time aquaculture intelligence solutions, we’ll be rounding out our precision aquaculture platform and further helping our customers make data-driven decisions to improve operations, run more efficiently and sustainably and become more profitable.”
Aquanetix co-founder and CEO Diogo Thomaz and his team have been retained by Innovasea and the company will be hiring additional personnel to staff the new office in Corinth, Greece.
“We’re thrilled to become part of the Innovasea family and add our farm management software to its strong portfolio of egg-to-harvest aquaculture solutions,” said Thomaz. “This is a wonderful opportunity for us to make additional investment into our business to enhance our existing tools and better serve our customers.”
Terms of the deal, which closed earlier this year, were not disclosed.
Aquanetix’s farm management software is in use at more than 200 farms in 31 countries and is currently being used to grow more than 30 species of fish and shrimp. By offering it alongside Realfish Pro, Innovasea now has a complete suite of precision aquaculture tools that can handle all aspects of running a fish farm – from real-time environmental monitoring and control capabilities to powerful analytics that improve operations and decision-making.
Innovasea’s move into Greece is its second major expansion in the last three years. In 2020 it opened a full service office in Puerto Varas, Chile.
Headquartered in the United States, Innovasea also has offices in Canada, Norway and Australia.
Kelly said Innovasea’s footprint in Greece will help it execute on its growth strategy in key markets like the Mediterranean and Middle East while better serving existing customers in those areas.
“Those regions have demonstrated a strong appetite for aquaculture and really seem to recognize the potential of fish farming to feed the planet’s growing population, so we want to continue helping companies establish and broaden the industry in those markets,” said Kelly.
Fueled by leading-edge technology and a passion for research and development, Innovasea is revolutionizing aquaculture and advancing the science of fish tracking to make our oceans and freshwater ecosystems sustainable for future generations. With more than 275 employees worldwide, we provide full end-to-end solutions for fish farming and aquatic species research – including quality equipment that’s efficient and built to last, expert consulting services, and innovative platforms and products that deliver unrivaled data, information and insights.