Hydromagic Farms

What Hydromagic Farms does

Hydromagic Farms Norge AS is a Norwegian circular food production company founded in 2020 and headquartered in Sem/Tønsberg, Norway. The company operates a closed-loop aquaponics system that combines land-based recirculating aquaculture of trout with vertical farming of salads, herbs, and berries. In this symbiotic model, nutrient-rich water from the fish tanks serves as natural fertilizer for the plants, eliminating the need for chemical pesticides, artificial fertilizers, or plant protection chemicals. The system is reported to achieve area efficiency of more than 80 times compared to traditional field production, with approximately 1 kg of fish feed yielding 1 kg of trout and up to 9 kg of lettuce. Energy recovery through biogas production from waste streams further reduces reliance on external energy sources.

The company's revenue model centers on a B2B subscription service targeting large households (storhusholdning), which include hotels, restaurants, canteens, and institutional kitchens. Three primary product streams are commercialized: fresh produce — salads, herbs, and berries (accounting for over 80% of production); Norwegian trout processed according to Norwegian traditions; and biofertilizer offered to local agriculture and, eventually, private households. Customers can choose between fixed-price and seasonal-price subscription options, with an innovative 'borrow' model in which customers pay only for actual consumption and over-ordering is credited toward the company's energy-recovery system.

Hydromagic Farms is founder-controlled with Tim Ryder (CEO), Lise Nansen (CFO), and Marianne Strøm (Biology Lead) as founders. The board includes Per C Ellertsen (Chair), Mike Bugge-Erlingsen (Vice Chair), Kjersti Schiøtz Thorud, Odd Ivar Solvold, and Tim Ryder, drawing on oil-industry, legal, culinary, and sales expertise. The company has 1–10 employees, no disclosed institutional funding rounds, no named customers, and no publicly disclosed revenue. Operations are confined to Norway, and the company has received recognition as Circular Startup of the Year at Den Store Sirkulærkonferansen 2025 and Entrepreneur of the Year at Tønsbergprisen 2025.

Name

Hydromagic Farms

Legal name

Hydromagic Farms Norge AS

Website

https://hydromagicfarms.no

Company type

Private

Founded year

2020

Operating status

Operating

Headcount range

1–10 employees

Short description

Hydromagic Farms is a Norwegian circular food producer using closed-loop aquaponics to combine land-based trout farming with vertical cultivation of salads, herbs, and berries, selling primarily to B2B large households (hotels, restaurants, canteens) via subscription.

Ownership category

akta.pro rank

Product category

Aquaponics / Sustainable Food Production

NAICS

Food Crops Grown Under Cover (11141), Aquaculture (1125), Vegetable and Melon Farming (1112)

SIC

Agricultural Production-Crops (100), Agricultural Prod-Livestock & Animal Specialties (200)

akta.pro primary industry

Aquaponics (Integrated Fish & Plant Production) (AFAEAAAI)

akta.pro secondary industries

Hydroponic & Soilless Greenhouse Production (NFT, DWC, Substrate Grow Bags) (AFAGAHAI), Recirculating Aquaculture Systems (RAS) & High-Density Farming Feed (AFADADAL), Hydroponic / Controlled-Environment Produce Wholesale (AFAIACAM)

Keywords

• Aquaponics food production
• Vertical farming systems
• Recirculating aquaculture
• Sustainable food production
• Biofertilizer products

Headquarters

HQ city

Tønsberg

HQ country

Norway

HQ region

Europe

Offices2 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Personnel, Operations, Infrastructure, Technology or R&D, Supply Chain

Revenue model

1. Fresh produce sales (salad, herbs, berries): Primary revenue stream from fresh vegetables and berries produced year-round through aquaponics. These products account for over 80% of total production. Products are sold to B2B customers including large households and food service segment.
2. Trout/sea food products: Premium Norwegian trout processed according to Norwegian traditions. Part of the circular system where the fish serves dual purpose - providing fertilizer for plants while also being a final premium product.
3. Biofertilizer products: Sustainable and locally produced biofertilizer naturally resulting from the production process. Offered to local agriculture and eventually to private households. Represents full utilization of resources in circular economy model.
4. Service-based customer programs: Innovative B2B service model where customers 'borrow' food products and only pay for what they use. Over-ordering is credited for energy recovery. Rewards customers for order accuracy rather than order size. Provides stable revenue through subscription arrangements.

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels4 records

Core offering

Hydromagic Farms produces fresh Norwegian lettuce, herbs, and berries year-round using closed-loop aquaponics that combines land-based trout aquaculture with vertical plant cultivation. The system uses natural biofertilizer from fish waste, eliminating chemical pesticides or artificial fertilizers, and produces premium Norwegian trout in a closed land-based system with zero emissions. The company also supplies biofertilizer as a byproduct of operations and delivers products to B2B customers through an innovative subscription model where customers pay only for what they consume.

Product overview

Hydromagic Farms operates as a circular food production company using aquaponics technology that combines land-based trout aquaculture with vertical vegetable cultivation. The company's core product portfolio consists of three primary offerings: fresh salads, herbs, and berries (Frukt og Grønt) grown using natural fertilizer from fish; Norwegian trout (Sjømat) raised in closed indoor systems; and biofertilizer (Biogjødsel) as a byproduct of their production. These products are delivered through a subscription-based B2B service model (Salat på abonnement) where customers pay only for what they consume, with excess credited back to the company's circular energy recovery system. The integrated aquaponics system achieves over 80 times the area efficiency of traditional field production while eliminating pesticide use, chemicals, and emissions.

Differentiator

Problem solved

Functional benefit

Products and services

• Frukt og Grønt (Fruit and Vegetables) Fresh Norwegian year-round salads, herbs, and berries grown independent of season using natural biofertilizer from on-site fish production, with no use of pesticides, artificial fertilizers, or plant protection chemicals. Targeted at B2B customers in the food service segment.
• Sjømat (Seafood) Premium Norwegian trout (ørret) raised in a closed land-based recirculating system with zero emissions and high focus on animal welfare, processed according to Norwegian traditions. Sold to B2B customers including large households and food service operators.
• Biogjødsel (Biofertilizer) Sustainable and locally produced biofertilizer naturally resulting from the aquaponics production process, offered to local agriculture and eventually to private households. Represents full resource utilization in the circular economy model.
• Salat på abonnement (Salad Subscription) Subscription-based B2B service offering salad with options for fixed price (fastpris) or seasonal pricing (sesongpris). Customers effectively "borrow" food and only pay for what they consume, with over-ordering credited for energy recovery and rewards for order accuracy rather than order size.

Quantifiable outcome

• Over 80x more area-efficient than traditional salad production
• +3 more outcomes

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

One partnership is on record.

• Unnamed partnersunspecifiedOthersThe company references 'Våre samarbeidspartnere' (Our partners) with partner logos displayed on their website, but no specific partner names are mentioned in the available source material. Partners likely include technology providers, suppliers, and distribution partners supporting the company's circular food production operations.

Scale indicators5 records

Recent moves6 records

Expansion highlights6 records

Broad incumbents

• AeroFarms: US-based indoor vertical farming company with sophisticated controlled-environment agriculture. Adjacent in vertical farming of leafy greens and herbs with B2B distribution; considerably larger scale.
• Plenty Unlimited: US-based vertical farming company building large-scale indoor farms for leafy greens. Adjacent vertical-farming technology and B2B retail distribution model; significantly more capital and scale.
• Infarm: Germany-based controlled-environment agriculture operator with in-store vertical farming units for retailers and B2B customers. Comparable B2B fresh-produce subscription/sales model and adjacent technology, operating at much larger scale.

Direct peers

• Nordic Harvest: Denmark-based vertical farming company producing leafy greens and herbs in controlled environments. Most direct Nordic regional peer in controlled-environment agriculture with a similar sustainability/circular narrative and B2B distribution focus.
• Salmon Evolution: Norwegian land-based salmon farmer using hybrid flow-through / RAS technology. Most direct Norwegian peer in land-based closed-containment aquaculture, sharing the same regulatory tailwinds and B2B seafood distribution model.
• Andfjord Salmon: Norwegian land-based salmon farmer using flow-through technology in a coastal location. Direct Norwegian peer in land-based closed-system aquaculture pursuing premium positioning and ESG-friendly production.
• Nordic Aquafarms: Norway/US land-based salmon farming company using recirculating aquaculture systems. Direct peer in capital-intensive land-based RAS aquaculture targeting premium, sustainable seafood markets.

Regional players

• Lokal Indoor: Norwegian indoor vertical farming startup producing leafy greens near retail customers. Regional peer in Norwegian controlled-environment agriculture targeting B2B and sustainability-focused consumers.

Emerging players

• GroLink: Norwegian agtech/greenhouse company developing controlled-environment agriculture solutions. Adjacent peer in Norwegian high-tech horticulture and sustainable food production targeting B2B customers.
• Bioland Norway: Norwegian producer focused on sustainable aquaculture and circular seafood production. Comparable Norwegian circular-economy narrative in aquaculture with overlapping regulatory and customer dynamics.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks7 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/hydromagic-farms-norge-as

Revenue estimate

Valuation estimate

Number of profiles

Profiles12 records

Funding overview

Funding rounds

Investors

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 Hydromagic Farms