Remora Robotics

Remora Robotics

Provides innovative solution for keeping fish farm nets clean and safe.

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DateInvestorsAmountRound
-investor

€0.0

round
investor investor investor

€0.0

round
investor investor

€0.0

round
*

N/A

Early VC
Total Funding000k

Financials

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Revenues, earnings & profits over time
EUR20182019202020212022
Revenues00000000000000000000
% growth-435 %(82 %)(22 %)(89 %)
EBITDA00000000000000000000
% EBITDA margin(285 %)-123 %(153 %)(1847 %)
Profit00000000000000000000
% profit margin(302 %)(13 %)57 %(321 %)(2350 %)
EV00000000000000000000
EV / revenue00.0x00.0x00.0x00.0x00.0x
EV / EBITDA00.0x00.0x00.0x00.0x00.0x
R&D budget00000000000000000000

Source: Company filings or news article

More about Remora Robotics
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**Long Description:**

Remora Robotics, established in 2016 and headquartered in Stavanger, Norway, is at the forefront of revolutionizing aquaculture maintenance through advanced autonomous technology. The company has developed a patented, fully autonomous submarine robot designed to clean and inspect fish farming pens while collecting critical data on the aquatic environment. ([remorarobotics.no](https://remorarobotics.no/about/?utm_source=chatgpt.com))

Biofouling—the accumulation of microorganisms, plants, algae, or small animals on wet surfaces—is a significant challenge in fish farming, adversely affecting fish health and potentially leading to equipment failure. Traditional antifouling methods are often costly, inefficient, and environmentally harmful. Remora's autonomous robot addresses this issue by performing regular cleaning and monitoring of fish pens, thereby enhancing biofouling management.

A clean net increases water flow in the pen, resulting in higher oxygen content and reduced pollution. This environment decreases infection pressure, minimizing the need for treatments and contributing to lower fish mortality and improved welfare. The Remora robot not only cleans but also scans the entire net, collecting essential data from all depths of the pen's aquatic environment. Its advanced sensors analyze and provide detailed insights into the net's condition and environmental trends over time, enabling preventative maintenance and optimized operations for fish farmers.

Remora Robotics collaborates closely with fish farmers to design and develop optimal tools for maintaining fish farming cages. The company's innovative approach has attracted significant investment, including up to 80 million NOK in fresh capital from investors such as Frøy Kapital, Grieg Kapital, Momentum, and Singularity. These partnerships aim to advance Remora's robotic technology and promote sustainable practices in aquaculture.

In addition to its technological advancements, Remora Robotics has strengthened its leadership team with the appointment of Helle Moen as Chair of the Board and Eline Stokstad Fjell as Chief Financial Officer. These strategic additions underscore the company's commitment to innovation and sustainable growth in the aquaculture industry.

Keywords: Remora Robotics, autonomous submarine robot, fish farming maintenance, biofouling prevention, aquaculture technology, fish welfare, environmental monitoring, sustainable aquaculture, autonomous net cleaning, aquatic environment data collection.

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