Vaki

Name

Vaki

Legal name

VAKI AQUACULTURE SYSTEMS LTD.

Website

https://vaki.is

Company type

Private

Founded year

1986

Operating status

Operating

Headcount range

11–50 employees

Ownership category

akta.pro rank

Product category

Aquaculture Equipment

NAICS

Food Product Machinery Manufacturing (333241), Animal Production and Aquaculture (112)

SIC

Special Industry Machinery (No Metalworking Machinery) (3550)

akta.pro primary industry

Aquaculture Farm Services & Operations Support (net cleaning, diving, grading, harvesting) (AFAEAAAM)

akta.pro secondary industries

Aquaculture & Fish-Farm Service Vessels (Feed, Wellboats, Harvest Support) (IMAJADAF), Aquaculture Health, Biosecurity & Veterinary Services (AFAEAAAK)

Keywords

• Fish counting equipment
• Fish grading systems
• Aquaculture fish pumps
• Aquaculture automation software
• Biomass monitoring systems

Headquarters

HQ city

Kópavogur

HQ country

Iceland

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Personnel, Supply Chain, Technology or R&D, Operations, Marketing or Sales

Revenue model

1. Aquaculture Equipment Sales: Sale of physical aquaculture production equipment including fish counters, graders, and pumps. Equipment is available in multiple sizes and configurations (Basic and Smart models) to serve different farm requirements.
2. Smart Technology Solutions: SmartFlow monitoring and automation technology that connects equipment for real-time data, remote control, and reporting capabilities. Software-based revenue from smart monitoring systems and dashboards.

Go-to-market motion1 record

Distribution channels2 records

Marketing channels5 records

Core offering

VAKI designs, manufactures, and sells specialized aquaculture production equipment — fish counters, fish graders (Smart Roller and Drum Graders), and fish transfer pumps (Basic and Smart models) — for the global aquaculture industry. Its SmartFlow platform connects the Smart variants of these devices into one automated system providing real-time monitoring, remote control, automation, and reporting to support welfare-friendly fish handling on commercial farms, hatcheries, and wellboats.

Product overview

VAKI AQUACULTURE SYSTEMS LTD. is a pioneering aquaculture technology company with over 30 years of experience, providing a comprehensive portfolio of fish handling equipment for the global aquaculture industry. The core product line consists of three main equipment categories: Counters (basic, infrared, and Smart models with image verification), Graders (Smart Roller Graders and Drum Graders), and Pumps (available in three sizes as Basic or Smart models). These products are architected around the SmartFlow platform, which connects Smart Pumps, Smart Graders, and Smart Counters into a unified ecosystem enabling real-time monitoring, remote control, automation, and reporting for fish welfare-friendly operations. Solution areas span Land (hatcheries), Biomass & Sea Lice monitoring (via Aquafalcon), and Wellboats transportation. VAKI is a subsidiary of MSD Animal Health.

Differentiator

Problem solved

Functional benefit

Brands

• SmartFlow: Automated and customized solution delivering real-time monitoring technology for fish health with welfare-friendly fish handling, counting and grading
• Smart Counter
• Smart Grader
• Smart Pump

Products and services

• VAKI Counters Fish counting equipment in basic, infrared, and Smart model variants, using image verification technology on the Smart models for high-capacity, high-accuracy counting operations at commercial fish farms, hatcheries, and wellboats.
• VAKI Graders Fish grading equipment offered as Smart Roller Graders and Drum Graders, designed to deliver high-precision size grading while minimizing impact on fish welfare in aquaculture operations.
• VAKI Pumps Fish transfer pumps available in three sizes and in Basic or Smart model variants, offering gentle, fast fish handling to reduce operating costs and improve transfer efficiency in aquaculture operations; Smart Pump variants connect to SmartFlow for automation and monitoring.
• VAKI SmartFlow An automated monitoring and control platform that connects VAKI Smart Pumps, Smart Graders, and Smart Counters into one ecosystem for real-time monitoring, remote control, automation, and reporting, enabling welfare-friendly fish handling, counting, and grading with production insights for aquaculture operators.

Quantifiable outcome

• Reduced operating costs through efficient fish transfer and handling
• +2 more outcomes

Segments4 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability4 records

Feature5 records

Partnerships

One partnership is on record.

• MSD Animal HealthcoreStrategic or Co-development PartnerVAKI is one of MSD Animal Health's fish and aquaculture companies. MSD Animal Health is the world's leading animal intelligence group, providing world-class devices for animal identification and traceability. VAKI operates as a subsidiary brand under the MSD Animal Health umbrella, leveraging their infrastructure while maintaining its specialized focus on aquaculture equipment.

Scale indicators2 records

Recent moves5 records

Expansion highlights5 records

Direct peers

• AquaScan: AquaScan develops fish counters using camera-based technology for aquaculture operations. Directly comparable to VAKI's Smart Counters in providing high-accuracy, image-verified counting for hatcheries and grow-out facilities.
• FishFarmFeeder: FishFarmFeeder supplies automated feeding systems and related equipment for aquaculture. Comparable to VAKI as a specialized equipment vendor for salmon and trout farming operations, sharing similar customer profiles.
• ScaleAQ: ScaleAQ provides equipment and technology solutions for the aquaculture industry, including fish handling, feeding, sensors, and software. Overlaps directly with VAKI's counters, graders, and pumps product lines, targeting the same salmonid farming customers.
• AKVA Group: AKVA Group is a leading global supplier of aquaculture technology and infrastructure, offering fish counters, graders, feeding systems, and software platforms. Directly comparable to VAKI in serving salmon and other aquaculture operations with integrated hardware and software solutions.
• Steinsvik (now part of AKVA Group): Steinsvik (now ScaleAQ) historically delivered fish counting, feeding, and sensor systems to Norwegian salmon farms. Its acquisition by AKVA/ScaleAQ consolidates competition against VAKI in fish handling equipment.
• Cflow (wellboats): Cflow delivers wellboat fish handling and live fish transport systems, including pumping solutions for the aquaculture industry. Directly comparable to VAKI's wellboat segment offering pumps and transportation equipment.
• Imenco: Imenco supplies underwater cameras, fish counting systems, and aquaculture monitoring equipment. Directly comparable to VAKI's Smart Counter image verification technology and biomass/sea lice monitoring offerings.

Emerging players

• Skaginn 3X: Skaginn 3X designs advanced equipment and automation solutions for seafood processing. Partially comparable to VAKI in Iceland/Nordic industrial aquaculture equipment supply, though more focused on processing plants than farm operations.
• Bluegrove: Bluegrove (formerly AKVA Group's sensor and software business) focuses on aquaculture intelligence, sensors, and farm analytics software. Adjacent to VAKI's SmartFlow monitoring platform, targeting the same digital transformation of fish farms.
• Optimar (Stork): Optimar provides processing equipment for fish and seafood, including automation solutions. While primarily focused on processing rather than farm handling, it overlaps with VAKI's downstream-adjacent aquaculture equipment segment and shares Iceland/Nordic base.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

• Xx.com/vakisystems
• YouTubeyoutube.com/channel/UCUlaExVSYTLaSrrtLXXhTIQ
• LinkedInlinkedin.com/company/vaki

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds3 records

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 Vaki