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Catchwise

Category: AI in Climate / Energy

Catchwise uses AI to optimize fishing operations by reducing search times and cutting fuel consumption. Catchwise was founded in 2023. The company is led by Tomas Roaldsnes. Based in Headquartered in Oslo, Norway with temporary offices in Ålesund. Team size: 2-10. Total funding raised: €1.25 million. Latest round: Pre-Seed. Key investors include Dreamcraft Ventures, Sondo, Ocean Impact, Angel investors.

Founded
2023
Headquarters
Headquartered in Oslo, Norway with temporary offices in Ålesund
Team size
2-10
Total funding
€1.25 million

Value proposition

Enhances fishing efficiency and sustainability by reducing search time and fuel consumption through real-time predictive analytics.

Products and solutions

AI-driven maritime analytics platform, Integration of SAT-AIS data, historical fisheries data, and real-time ocean conditions

Unique value

Merges advanced AI with extensive ocean data to deliver actionable insights specifically for commercial fishing operations.

Target customer

Commercial fishing vessels and companies

Industries served

Wild fishery industry

Technology advantage

Real-time predictive analytics and operational automation that optimize fishing routes and reduce fuel consumption.

How they differentiate

Focuses exclusively on AI-driven, data-intensive solutions for optimizing commercial fishing, setting it apart from broader tech solutions.

Main competitors

Other maritime analytics and sustainable fishing technology providers

Key partnerships

Dreamcraft Ventures, Sondo, Ocean Impact, Angel investors from companies like Oda, Enode, and Meltwater

Notable customers

Ishavet (Bluewild), Gadus Njord (Lerøy Havfisk)

Major milestones

Winner of the FishAI Sustainable Commercial Fishing Competition 2022 Operational since March 2024

Growth metrics

300+ skippers use the platform daily across 100+ companies in 9 countries; 30% of Norwegian fishers have adopted Catchwise in the last 2 years

Market positioning

Positioned as a leader in sustainable and efficient fishing practices using innovative technology.

Geographic focus

Primarily Norway, with plans for international expansion

Patents and IP

None

About Tomas Roaldsnes

Tomas Roaldsnes has a diverse background that blends technology, business design, and entrepreneurship. He co-founded and led Amiroh Smart Mirror as CEO before taking on roles as a Junior Blockchain Consultant at EVRY and a Specialist in Userdata and Experimentation at VG. His core expertise lies in commercialization, product innovation, and new service development, which he now applies as the CEO and Co-Founder of Catchwise.

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Official website:

Catchwise - AI Startup Profile | AI Market Watch