What Konree Innovation does

Konree Innovation Limited is a marine deeptech company headquartered at ATU iHubs in Galway, Ireland, founded in 2021. The company develops technology aimed at detecting and eliminating sea lice — specifically Lepeophtheirus salmonis and Caligus species — in commercial salmon aquaculture. Its approach is differentiated by the timing of intervention: rather than treating fish post-infection, Konree Innovation's solution is positioned as an organic, preventative system that addresses the parasite before it reaches the host. The company describes its target problem as the single largest biological constraint on the salmon farming industry, with a claimed value proposition of saving salmon producers "tens of millions" in losses across Norway, Chile, Scotland, and Ireland.

The business model is built around subscription or recurring service revenue from enterprise salmon producers, though pricing is quote-based and not publicly disclosed. The go-to-market is sales-led and event-driven: the company invests heavily in industry conference presence (Aqua Nor, Aquaculture UK, HavExpo, Slush), and leverages channel support from state-backed partners including Enterprise Ireland (and its Nordics programme), Bord Iascaigh Mhara (Ireland's Seafood Development Agency), Hatch Innovation Services, Marine Institute Ireland, and the ESA Business Incubation Centre Ireland. The company has also joined the Ansys Start Up Program for engineering simulation tools.

Konree Innovation is at an early, pre-commercial stage. The team comprises 1–10 employees led by co-founders Margaret Rae (CEO) and Michael Flynn (CTO), supported by R&D biologists, an aquaculture operations specialist, and an advisory board chaired by Orla Battersby. Capital to date is dominated by non-dilutive grants, including the 2022 EU Women TechEU award under Horizon Europe and three 2024 awards (Marine Institute Industry-led Awards, Circular Economy Innovation Fund, SynergistEIC Open Call). In November 2025, the company closed its first disclosed angel investment from AwakenAngels. As of February 2025, the company was actively recruiting three engineering positions, indicating a transition from research toward product build-out.

Name

Konree Innovation

Legal name

Konree Innovation Limited

Website

https://konreeinnovation.com

Company type

Private

Founded year

2021

Operating status

Operating

Headcount range

1–10 employees

Short description

Konree Innovation is an Irish marine deeptech company developing organic, pre-infection sea lice detection and elimination technology for commercial salmon aquaculture producers in Norway, Chile, Scotland, and Ireland.

Ownership category

akta.pro rank

Product category

Aquaculture Technology

NAICS

Aquaculture (11251), Aquaculture (1125)

akta.pro primary industry

Offshore & Open-Ocean Aquaculture (AFAEAAAH)

akta.pro secondary industry

Data Integration, Interoperability & APIs (ETL, Data Standards, Connectivity Hubs) (AFABAMAL)

Keywords

• Aquaculture technology
• Sea lice management
• Salmon farming solutions
• Fish health monitoring
• Marine deeptech

Headquarters

HQ city

Galway

HQ country

Ireland

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Technology or R&D, Personnel, Operations, Marketing or Sales, Infrastructure

Revenue model

1. Aquaculture Technology Services: Services built on groundbreaking technology focused on fish health & welfare and eliminating sea lice problems for aquaculture producers.

Go-to-market motion2 records

Distribution channels3 records

Marketing channels5 records

Core offering

Konree Innovation develops ground-breaking deeptech solutions for detecting and eliminating sea lice (Lepeophtheirus salmonis and Caligus species) in salmon aquaculture. Its offering centers on proprietary technology that prevents sea lice infection before parasites reach the fish, packaged as services delivered to commercial salmon farming operations.

Product overview

Konree Innovation is an aquaculture technology company developing a single unified deeptech solution for sea lice detection and elimination in salmon farming. The company's technology focuses on fish health and welfare, providing an organic approach to managing and controlling sea lice—the primary biological challenge in salmon aquaculture—before parasites infect fish. The technology is designed to enable salmon producers to accelerate the world's transition to sustainable, low carbon footprint animal protein production.

Differentiator

Problem solved

Functional benefit

Products and services

• Sea Lice Detection and Elimination Technology Groundbreaking technology focused on fish health and welfare, specifically targeting the detection and elimination of sea lice (Lepeophtheirus salmonis and Caligus species) in salmon aquaculture through an organic approach that addresses infection before parasites reach fish. Designed for commercial salmon farming operations.
• Aquaculture Technology Services Recurring services built on Konree Innovation's proprietary technology, focused on fish health and welfare and eliminating sea lice problems for salmon aquaculture producers.

Quantifiable outcome

• Potential savings of tens of millions for salmon producers in Norway, Chile, Scotland, and Ireland

Named customers5 records

Segments1 record

Ideal customer profiles1 record

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Eight partnerships are on record, tiered core and minor.

• ESA Business Incubation Centre IrelandcoreImplementation/ SI/ Consulting PartnerKonree Innovation Limited is participating in ESA Business Incubation Centre Ireland, providing access to European Space Agency resources and incubation support.
• Enterprise Ireland / Enterprise Ireland NordicscoreGTM or Marketing PartnerEnterprise Ireland supports Konree Innovation through its Nordics program, providing booth space at international events like Slush, networking opportunities, and connections to investors and customers in Nordic markets.
• Bord Iascaigh Mhara - Ireland's Seafood Development AgencycoreGTM or Marketing PartnerIreland's Seafood Development Agency provides ongoing support for international market access, event participation including AquaTech Ireland pavilion at trade shows, and participation in BIM BlueAmbition conferences.
• Hatch Innovation ServicescoreGTM or Marketing PartnerHatch Innovation Services provides local-level support for market development and networking within the aquaculture industry.
• Marine Institute IrelandcoreStrategic or Co-development PartnerKonree Innovation received Marine Institute Ireland Industry-led Awards 2024 and conducts research at Lehanagh Pool Marine Research Site. Partnership focused on sustainable seafood and aquaculture innovation.
• Bord na MónaminorStrategic or Co-development PartnerSelected for Bord na Móna's Accelerate Green Programme supporting sustainable business development. CEO spoke at Accelerate Green Conference 2024.
• CDL-AtlanticminorStrategic or Co-development PartnerKonree Innovation received recognition and support from CDL-Atlantic (Creative Destruction Lab Atlantic).
• The Ocean Opportunity LabminorGTM or Marketing PartnerRecognized by The Ocean Opportunity Lab in their TOOL 500 Female Founders listing for Western Europe, providing visibility in the ocean innovation ecosystem.

Scale indicators4 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• AKVA Group: Largest publicly-traded aquaculture technology company globally, offering sea lice management (Hydrolicer), feeding systems, sensors, and net pen equipment. Broad incumbent with overlapping fish health and sea lice capabilities as part of a much wider portfolio serving salmon producers.
• Innovasea: North American aquaculture technology company offering fish farming sensors, real-time monitoring systems, and farm management software for salmon and other species. Broad incumbent with comparable fish health monitoring offerings and global customer base.
• Benchmark Holdings: UK-listed aquaculture company providing fish health products, genetics, and sea lice treatment solutions including CleanTreat water purification. Established incumbent in salmon health management with overlapping product categories and significant R&D resources.
• ScaleAQ: Major Norwegian aquaculture equipment and technology supplier offering fish farming equipment, sensors, and software solutions for salmon producers. Competes broadly in the same aquaculture technology space with established customer relationships across Norway and Chile.

Emerging players

• Manolin: Norwegian aquaculture analytics platform helping salmon farmers optimize operations through data analytics, disease prediction, and harvest planning. Emerging SaaS player in aquaculture technology with a similar data-driven approach to fish health and farm performance.
• XpertSea: Canadian aquaculture technology startup using AI and computer vision for fish growth, health, and biomass monitoring. Emerging player with overlapping technology approach to fish health management and similar early-stage SaaS-style go-to-market motion.

Others

• Cflow: Norwegian fish handling and processing equipment manufacturer for the aquaculture industry. Adjacent equipment provider serving the same salmon farming customer base, but focused on handling rather than health or sea lice management.

Direct peers

• Stingray Marine Solutions: Norwegian company providing laser-based sea lice removal systems for salmon aquaculture. Directly comparable as a specialized deep-tech solution targeting the same sea lice management problem Konree addresses, though using a different mechanical/optical approach versus Konree's detection/prevention focus.
• OptoScale: Norwegian aquaculture technology company providing AI-powered fish welfare monitoring, including lice counting and biomass estimation using underwater cameras and computer vision. Directly competes with Konree in sensor-based fish health and sea lice monitoring for salmon farming operations.
• AquaScan: Norwegian company providing automated fish counting and lice counting technology using optical sensors. Direct peer with a comparable sensor-based detection approach for salmon health monitoring, competing in the same niche Konree targets.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/konree-innovation

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Funding overview

Funding rounds1 record

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Konree Innovation