The Venture Codex

Participated · Equity · Jun 2026

Nereida Energy develops the control "brain" and management systems for maritime battery installations, providing continuous battery-state monitoring, data collection and processing, and operation optimisation tailored to each vessel. Its solutions are offered to a broad set of vessel types including service vessels, wellboats, ferries and offshore ships. The company emphasizes that differentiation comes from its steering and control systems rather than batteries themselves. Nereida reports significant market interest and says the new capital will be used to strengthen the organisation and continue product development. Founded in 2025, the company aims to leverage investor partnerships to access industrial environments and scale in a market driven by increased electrification and tighter climate rules.

Led · Equity · Apr 2026

Zeabuz develops autonomous maritime systems and is pursuing a dual-use strategy across commercial (civilian) and defense & security markets. In 2026 the company reported multiple new contracts and described the year as shaping up to be its strongest, noting a shift from pilot projects to full-scale deployments. Zeabuz aims to scale internationally and expand its delivery capacity to meet growing partner demand for operational autonomous systems. The company counts a mix of existing and new investors backing its growth and is positioning to influence evolving regulatory frameworks and market adoption for maritime autonomy. Leadership changes accompanying the funding include Eirik Barclay joining as Executive Chair to support governance and commercial expansion.

Participated · Equity · Mar 2026

Biosort is an Oslo-based aquaculture technology company focused on improving salmon farming through automated, data-driven tools. Its flagship platform, iFarm, identifies and tracks individual salmon inside sea pens, enabling farmers to monitor health and growth in real time. Building on this capability, the firm has engineered a complementary lice-control system that targets and removes sea lice at an early stage, aiming to curb infestations before they require large-scale wellboat treatments. Management claims the approach will enhance fish welfare, lower mortality, and reduce operational costs tied to lice mitigation. The newly raised capital will fund the final development steps and initial commercial roll-out of the lice-removal technology, which will be tightly integrated with iFarm. While no revenue or deployment figures were disclosed, the company positions this round as the bridge from R&D to commercial sales, indicating an imminent shift toward scaled market adoption.

Led · Equity · Aug 2023

Remora Robotics develops an autonomous submarine robot that cleans and assesses fish-farm pens while collecting environmental data. The company focuses on automating net-cleaning processes for aquaculture and has patented its belt mechanism. Remora plans to use new capital to enhance its autonomous net-cleaning technology, expedite deployments, and upscale sales efforts. It has cultivated partnerships with SINTEF, the Norwegian Research Council, NTNU and Innovation Norway to support development and validation. Founded in 2015 and based in Stavanger, the company progressed from an initial prototype in 2018 to a validated functional prototype in 2019 (validated by NORCE) and further upgraded prototypes and field tests through 2021.