# Poseidon-AI

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/poseidon-ai

- Industry: Agribusiness
- Headquarters: Singapore, Singapore
- Website: www.poseidon-ai.com
- Latest round: Seed (Jun 24, 2019)
- Investors on record: 2

## About

Poseidon-AI provides innovative technology solutions designed to enhance aquaculture operations, focusing on feed optimization and water quality monitoring through advanced AI and sensor technology.Poseidon-AI, founded in 2019 by Amaj Midani, operates from Singapore, focusing on revolutionizing aquaculture with technology solutions. The company’s only deal recorded was in June 2019, securing seed funding from investors SOSV and HAX.Poseidon-AI specializes in advanced technology solutions aimed at revolutionizing aquaculture, specifically through its core offerings of feed optimization and water sensing. The company employs AI-driven algorithms and advanced sensor technology to help aquaculture farmers manage their operations more sustainably, addressing significant issues such as feed waste, which can account for up to 20% of annual costs. The main product suite includes highly integrated wireless sensors that allow farmers to monitor water quality from anywhere in the world, and customized feed optimization solutions tailored to various aquaculture species. Poseidon-AI primarily serves farmers in Southeast Asia, a region experiencing challenges in aquaculture profitability, positioning itself as a crucial partner in their efforts to enhance operational efficiency and sustainability.Poseidon-AI's revenue model is centered around B2B transactions with aquaculture farms, facilitating partnerships that leverage its technological expertise for improved production outcomes. The company charges clients through a combination of service contracts and possibly subscription models for ongoing access to its monitoring and optimization technologies. Specific pricing structures for its flagship offerings are not publicly disclosed, but the company’s business strategy likely includes tiered pricing based on the scale of the aquaculture operation and the breadth of technology services utilized. By positioning itself as a vital resource for farmers aiming to expand their operations and reduce feed costs, Poseidon-AI aims to cultivate long-term partnerships that drive mutual growth within the aquaculture industry.In June 2019, Poseidon-AI raised an undisclosed amount of Seed funding to support its initiatives. The company aims to develop new products, particularly targeting enhanced sensor technologies and AI-driven solutions for aquaculture. Plans for expansion include targeting new regions in Southeast Asia, with an emphasis on Vietnam and Indonesia by 2024. The funding will be utilized to accelerate product development and facilitate market entry strategies in these regions.

## Funding rounds

- Seed, Jun 24, 2019 — SOSV, HAX

## Investors

- SOSV (https://capitalatlas.ai/funds/sosv) — Seed
- HAX — Seed