AquaFounders Capital's Farm in a Box will include three of ReelData's AI aquaculture solutions into its modular land-based farming system.
Graphic: AquaFounders Capital.
Farm in a Box will integrate ReelData's leading AI products for land-based aquaculture into the design of its modular, pre-fabricated, fast on-site assembly land-based farming system. With this strategic partnership, both companies aim to provide farmers with scalable, cost-effective, and highly efficient and reliable land-based aquaculture solutions.
ReelData's cutting-edge AI solutions - ReelAppetite, ReelWeight, and ReelCount - are designed to optimize feed conversion ratios and growth rates, provide accurate biomass estimation, and deliver precise fish counting.
"Integrating ReelData's AI products into Farm in a Box was an easy decision," said Ohad Maiman, Managing Partner of AquaFounders Capital and co-founder of Farm in a Box. "Their solutions are unmatched in the market, and we see a clear synergy between our pre-fabricated, standardised systems and ReelData's powerful AI tools."
"Together, we are offering customers an integrated system that enables enhanced farming reliability along with AI and data driven operational efficiency," he added expressing his excitement about the partnership.
ReelData has a long-standing relationship with both Maiman - who is also co-founder and former CEO of The Kingfish Company -, and his partner and co-founder in AquaFounders Capital and Farm in a Box, Thue Holm - who is also co-founder of Atlantic Sapphire -.
"We have worked with Ohad and Thue on various projects over the last 5 years, all parties involved here have an extremely similar vision of the future of land-based aquaculture which will allow us to innovate fast," stated Matt Zimola, CEO of ReelData.
"Their vision for transforming land-based aquaculture aligns perfectly with ReelData's mission to lead the AI revolution in this space," he continued. "This partnership represents the next step in precision land-based aquaculture, where AI is poised to transform the industry at scale."
If synergy is defined as the interaction or cooperation of two or more elements to produce a combined effect greater than the sum of their separate effects, the mix of innovation and experience of the new partners certainly is, and both recognize the potential for mutual benefit.
Thanks to ReelData's state-of-the-art AI solutions, the functionality of Farm in a Box's systems will be enhanced, providing its customers with tools that reduce feed conversion ratios and optimize growth cycles. For the Canadian start-up, the alliance opens the door to a broader customer base, further consolidating its position as a leader in AI for land-based aquaculture.
"We're not only expanding our footprint across more countries and species, but we're doing so with a reduced risk, thanks to the seamless integration of our AI into Farm in a Box’s units," commented Gareth Butterfield, Commercial Director of ReelData. "This partnership represents a major leap forward in precision farming, and we believe it will unlock the full potential of land-based aquaculture."
With installations in 8 countries, ReelData has already established itself as an industry leader, and its investors and customers have seen the company become one of the most trusted AI providers in the land-based aquaculture space. By now partnering with Farm in a Box, it is taking the next step in delivering innovative AI solutions that will help farmers implement systems faster, reduce capital and operating expenses, and improve overall production efficiency.
AquaFounders Capital's release announcing the partnership stated that, together, Farm in a Box and ReelData are poised "to revolutionize land-based aquaculture by enabling farmers to operate smarter, scale quicker, and produce more sustainably."
"Implementing years of first hand experience in tackling challenges while building Atlantic Sapphire and The Kingfish Company, our focus with Farm in a Box has been to solve the pain points, and provide land-based farmers with a next generation system, enabling fast deployment, intelligent design, insightful operational capabilities and unparalleled reliability," explained Thue Holm, Managing Partner at AquaFounders Capital and co-founder of Farm in a Box. "Partnering with ReedData fits right into that mission," he concluded.