Innovasea acquires aquaculture software firm, opens new office in Greece
The company acquired Aquanetix, a cloud-based aquaculture management software that provides customers with deep insights into farm operations.
Innovasea has purchased Aquanetix, a UK-based aquaculture software company, and moved its operations to a new office in Greece. Founded in 2015, Aquanetix’s cloud-based aquaculture management software provides customers with deep insights into farm operations.
“Acquiring a company of Aquanetix’s caliber presents an exciting opportunity for us,” said Innovasea CEO, David Kelly. “By adding its powerful farm management capabilities to our suite of real-time aquaculture intelligence solutions, we’ll be rounding out our precision aquaculture platform and further helping our customers make data-driven decisions to improve operations, run more efficiently and sustainably and become more profitable.”
Aquanetix co-founder and CEO, Diogo Thomaz, and his team have been retained by Innovasea and the company will be hiring additional personnel to staff the new office in Corinth, Greece.
“We’re thrilled to become part of the Innovasea family and add our farm management software to its strong portfolio of egg-to-harvest aquaculture solutions,” said Thomaz. “This is a wonderful opportunity for us to make additional investments into our business to enhance our existing tools and better serve our customers.”
Aquanetix’s farm management software is in use at more than 200 farms in 31 countries and is currently being used to grow more than 30 species of fish and shrimp. By offering it alongside Realfish Pro, Innovasea now has a complete suite of precision aquaculture tools that can handle all aspects of running a fish farm – from real-time environmental monitoring and control capabilities to powerful analytics that improve operations and decision-making.
Innovasea’s move into Greece is its second major expansion in the last three years. In 2020, it opened a full-service office in Puerto Varas, Chile. Headquartered in the United States, Innovasea also has offices in Canada, Norway and Australia.
Kelly said Innovasea’s footprint in Greece will help it execute its growth strategy in key markets like the Mediterranean and the Middle East while better serving existing customers in those areas. “Those regions have demonstrated a strong appetite for aquaculture and really seem to recognize the potential of fish farming to feed the planet’s growing population, so we want to continue helping companies establish and broaden the industry in those markets,” said Kelly.