Queen’s University spin-out raises £316,000 for marine surveying tech

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Summary

This system, called Auto-release Baited Underwater Video, is designed to survey high conservation value species and protected marine areas. It is now working with international NGOs and UK government agencies on projects supporting the conservation of critically endangered skates and rays. FjordStrong is also working with Inland Fisheries Ireland and BlueWise (formerly SmartBay) in Galway to explore how marine renewable energy infrastructure can play a role in protecting vulnerable wildlife. Ruairí Gallagher, a founding director and lead consultant at FjordStrong, said the recent funding will help the company develop video analysis and automation software. “With this system, we will provide client demonstrations where we see an interest in both the commercial and conservation sector.” One of the company’s new backers is Irish angel investor and tech entrepreneur Mary McKenna.

$ Funding

$
Amount $439.5K Total raised
Date May 6, 2021 Announcement date
Investors UPstart Venture Challenge Lead investors
Company https://www.fjordstrong.com/ Funded company

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