Catchwise has successfully raised NOK 14.5 million (€1.25 million) in its pre-seed funding round. The company will use the funds to further strengthen its product-market fit and accelerate development of its AI and data platform tailored for maritime operations and sustainable fishing.
Founded in 2023 in Norway, Catchwise uses combines SAT-AIS (satellite ship tracking) data, 20 years of fisheries data, and extensive ocean measurements—like temperature and salinity—to help fisheries optimize routes and operations. The company said its technology significantly reduces search time, fuel consumption, and carbon emissions from fishing operations—directly contributing to the UN Sustainable Development Goals for life underwater and climate action.
The company delivers actionable insights directly to fishing captains using real-time visualization, predictive analytics, and operational automation. Currently, Catchwise said, it is used by over 50 larger vessels daily.
The round was led by Dreamcraft Ventures, joined by Sondo, Ocean Impact, and angel investors from tech companies like Oda, Enode, and Meltwater.
“The Catchwise team combines exceptional industry knowledge with deep expertise in data and AI,” said Daniel Mariussen, Dreamcraft Ventures. “They’re addressing some of the most critical challenges in commercial fishing and have already demonstrated increased catch efficiency, reduced costs, and significantly lower environmental impact.”
