The Tidal AI Inc. team.
Photo: Tidal / LinkedIn.
Aquaculture AI technology specialist Tidal has become an independent company in July, after spinning out from host organisation X, the Moonshot Factory, the company has confirmed.
Tidal has been hosted by the X, the Moonshot Factory innovation hub, owned by Google parent company Alphabet, for six years, during which it has been developing AI and machine vision-enabled aquaculture monitoring technology, and has been collaborating with Mowi to develop and pilot the software for much of this time.
"We have spent the past six years developing and scaling novel underwater perception technology to help revolutionize aquaculture space, and Tidal launched as an independent company this summer. The future's aquaculture technology is here, ready to secure sustainable production," Tidal wrote in a LinkedIn post last week.
The company confirmed that the spin-out was enabled by a funding round led by New York-based private equity firm Perry Creek Capital, in addition to investments from Norwegian venture capital funds Ichthus Venture Capital (IVC, backed by Kverva AS) and Futurum Ventures.