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Ace Aquatec secures £10M to advance fish welfare and AI in aquaculture
May 1, 2025 By RAStech staff
Ace Aquatec team and Stolt Ventures at Tay Vision Warehouse, Dundee (Photo: Ace Aquatec) Ace Aquatec, an aquaculture technology company, has raised £10m (US$ 13m) in its latest investment round.
The lead investor was Stolt Ventures, with participation from Scottish Enterprise and Aqua-Spark. The funding of £7.5m (US$ 9.9m) in equity funding plus an additional £2.5m (US$ 3.3m) debt facility will support the creation of 15 jobs at the company’s offices in Dundee, Glasgow and Chile.
The roles will focus on the continued development of AI and its role alongside advanced sensors, cameras, and machine learning algorithms.
“This investment allows us to meet the needs of farmers globally by expanding our portfolio, hiring top talent, and deepening our data capabilities. Having the backing of Stolt Ventures represents a pivotal moment in Ace Aquatec’s mission to revolutionize the aquaculture industry through welfare-first innovation, while providing vital employment opportunities,” said Nathan Pyne-Carter, CEO of Ace Aquatec.
Ace Aquatec provides customers with AI cameras able to track fish weights, detect health issues. It also produces unique humane slaughter systems for farmed and wild fish using electricity in water.
This capital will enable the development of data-driven tools that provide actionable insights to improve both fish welfare and operational performance for farmers.
“This investment demonstrates our ongoing commitment to providing world-class innovative solutions to the aquaculture sector globally, and we look forward to working together with the Ace Aquatec team in setting the highest welfare standards while responsibly meeting the changing needs of customers,” said Axel de Mégille, head of Stolt Ventures.
“This investment highlights our dedication to supporting the growth of ambitious businesses in Scotland. By helping these companies scale, we aim to create high-quality, high-value jobs and empower them to compete and lead in global markets. Fostering the development of companies such as Ace Aquatec is key to sustaining their success and driving future growth,” said Derek Shaw, director of entrepreneurship and investment at Scottish Enterprise.
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