ReelData is a Halifax, Canada–based company that leverages AI to provide customized data and automation to land-based farmers, with a focus on aquaculture. Led by co-founder and CEO Mathew Zimola, the company offers ReelAppetite, which identifies real-time population appetite and adjusts feed levels to maximize biomass while limiting waste. Its latest product, ReelBiomass, is a biomass estimation camera system built for RAS and flow-through systems that can monitor the size, weight, and distribution of fish populations with high accuracy. ReelBiomass removes the need for intrusive weigh-ins, which the company says cause high stress and reduce growth rates. The company intends to use the newly raised funds to expand operations and broaden its business reach. ReelData recently closed an $8M Series A, giving it early-stage institutional backing to pursue commercialization and scaling.

Total raised

$8M

Funding rounds

1

Latest round

Series A

Latest activity

Jan 2023