Stavanger, Norway-based producer of aquaculture net- and cage-cleaning robots Remora Robotics has raised NOK 164 million (USD 16.1 million, EUR 13.7 million) in its latest funding round.
The funding will go toward integrating automated net-cleaning and AI-powered inspection into its offerings.
The latest funding round was led by Cork, Ireland-based Hatch Blue’s Blue Revolution Fund and supported by existing shareholders, including Oslo, Norway-based Grieg Kapital and Florida, U.S.A.-based Momentum.
"Remora Robotics integrates technology, fish welfare, and operational efficiency in a way that directly addresses the needs of salmon farmers while enhancing aquaculture’s sustainability," Hatch Blue CEO and Managing Partner Georg Baunach said.
Baunach added that he hoped the participation of Hatch Blue would help Remora expand beyond the Norwegian market.
The latest round follows another successful funding round the company underwent in 2024 led by Frøy Kapital, an investment firm led by Norwegian billionaire Helge Gåsø, who is the former chair of Norway Royal Salmon. That round raised NOK 80 million (USD 7.9 million, EUR 6.7 million).
In a release about the most recent news, Remora said that autonomous net and cage cleaning is beneficial to the health of fish in various ways. Cleaner nets create the conditions needed for proper gill health and low stress levels, while biological risks are lowered by the elimination of traditional high-pressure cleaning.
“The result: improved fish welfare, better biosecurity, reduced mortality, and greater sustainability in production,” the company said.
Remora also said that between July 2024 and July 2025 it had accomplished a “major commercial breakthrough, with installations at several of the world’s leading aquaculture companies.”
“Demand is rising, and much of the company’s production capacity for the next six months is already sold out," the firm said. "Going forward, the focus is on delivering high-quality service and long-term customer value through the Remora platform.”
The company, founded in 2016, offers aquaculture firms autonomous submarine robots that clean and inspect pens, transmitting data about the pen’s conditions.
Between 2023 and 2025, the company scored its first commercial contract with Mowi, inked contracts with Bremnes Seashore and Frøy Gruppen, and set up its first operation outside of Norway in Chile.
Most recently, Mowi renewed and expanded its contract with the company to cover all cages in one production area.
"It’s highly motivating to see such strong market response to our technology," Remora CEO Svein Erik Gregersen said. "This funding gives us the opportunity to further develop the platform and deliver even more value to our customers. These are exciting times for Remora, and we’re just getting started."
Source - https://www.seafoodsource.com
