- Alphabet X has spun off Tidal, a company focused on sustainable salmon aquaculture.
- Tidal uses advanced technology, including sensors, robotics, data science, and AI, to monitor and optimize fish farming.
- The company has deployed 230 systems in Norway and is active in Chile and Brazil.
- Tidal is transitioning into an independent company and seeking external investments.
- The latest funding round was led by Perry Creek Capital, with undisclosed amounts.
- Tidal is in “full growth mode,” with plans to significantly expand its operations.
Main AI News:
Alphabet X, recognized for its diverse technological innovations and ambitious problem-solving initiatives, has spun off another promising venture. Tidal, a company dedicated to sustainable food production, emerged from the “moonshot factory” in mid-July. Focused on addressing global food challenges, Tidal specifically targets the salmon aquaculture industry—a sector the World Wildlife Foundation identified as the fastest-growing food production system globally, accounting for 70% (2.5 million metric tons) of the market.
Based in Trondheim, Norway, Tidal applies a technologically advanced approach to aquaculture by integrating sensors, robotics, data science, and AI. This comprehensive system provides fish farmers with in-depth insights into their operations. It monitors fish health, predicts yields, and detects potential issues, such as sea lice before they escalate.
Tidal has already established a presence in Norway, Chile, and Brazil, with 230 systems currently deployed in Norway. As the company scales, it aims to enable farmers to make more sustainable choices, particularly in an industry where feed represents the most significant environmental and economic cost.
Now transitioning into an independent company, Tidal is on the path to commercializing its technology. The startup, while retaining Alphabet as a minority stakeholder, is actively seeking external investments. Its most recent funding round, led by Perry Creek Capital and supported by Ichthus Venture Capital and Futurum Ventures, underscores its growth trajectory. Though the funding amount remains undisclosed, Tidal is in “full growth mode” with plans to substantially expand its deployment over the next few years.
Conclusion:
Tidal’s emergence as an independent entity represents a significant development in the aquaculture market, particularly in the context of sustainable food production. Integrating advanced technologies like AI and robotics in fish farming could set new industry standards, driving efficiency and sustainability. As Tidal scales, its impact could extend beyond salmon aquaculture, influencing broader practices in global food production. The company’s focus on sustainability and strong investor interest indicates a growing demand for environmentally responsible and tech-driven solutions in agriculture. This trend suggests that the aquaculture industry is poised for significant transformation, with Tidal potentially leading the way.
