What Eyvi does

Eyvi AS is a Norwegian private limited company founded in 2019 and headquartered in Tønsberg, Norway, with additional offices in Kristiansand and Poland. The company designs, engineers, delivers, and services turnkey land-based aquaculture facilities, with its core technology stack built around Recirculating Aquaculture Systems (RAS) — closed-loop systems that continuously recirculate water to minimize consumption and environmental impact — and Flow-Through Systems (FTS), which draw water from ocean, river, or lake sources for land-based salmon production. Both system types are managed through Eyvi Intel, a proprietary SCADA platform that integrates water treatment control with AI-driven predictive water quality analytics and automated feed control, and are complemented by a By-product Management module that converts fish waste into organic fertilizer.

The company serves enterprise aquaculture operators globally through a consultative, project-based B2B sales motion that runs from pre-development and financial structuring through full design, engineering, and project execution, with long-tail aftermarket services covering training, maintenance, optimization, monitoring, and spare parts. Revenue is generated primarily through one-time project fees for customized turnkey facility delivery, supplemented by recurring aftermarket services revenue tied to the installed base; pricing is quote-based and tailored to each client. Eyvi reports a delivered track record of 24 production facilities including 62 RAS departments and the world's largest RAS department (~27,000m2 producing 10,000 tons of fish per annum), supported by approximately 75 employees and an executive team with 80+ years of combined aquaculture industry experience. Co-founder Torgeir Vreim serves as CEO, co-founder Heidi Kyvik as CBDO, and the company is founder-owned with no disclosed external investors.

Name

Eyvi

Legal name

Eyvi AS

Website

https://eyvi.com

Company type

Private

Founded year

2019

Operating status

Operating

Short description

Eyvi AS designs and delivers turnkey land-based aquaculture facilities based on RAS and FTS technology, managed through its proprietary Eyvi Intel SCADA platform, for global enterprise fish-farming operators.

Ownership category

akta.pro rank

Product category

Aquaculture Engineering & Systems

NAICS

Aquaculture (11251), Finfish Farming and Fish Hatcheries (112511)

SIC

Farm Machinery & Equipment (3523), Agricultural Services (700)

akta.pro primary industry

Recirculating Aquaculture Systems (RAS) & Land-Based Farming (AFAEAAAG)

akta.pro secondary industries

Hatchery Equipment, Systems & Technology (RAS Hatcheries, Incubation, Grading, Transport Systems) (AFAEAKAL), Aquaculture Farm Services & Operations Support (net cleaning, diving, grading, harvesting) (AFAEAAAM)

Keywords

• Recirculating aquaculture systems
• Land-based fish farming
• Aquaculture facility engineering
• Water treatment systems
• Turn-key RAS facilities

Headquarters

HQ city

Tønsberg

HQ country

Norway

HQ region

Europe

Offices3 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Turn-key Facility Delivery: Eyvi provides complete turn-key solutions for landbased aquaculture facilities encompassing pre-development, full design/engineering, and project execution. Revenue is generated through one-time project fees for designing, delivering, and constructing customized RAS and FTS facilities.
2. Aftermarket Services: Comprehensive aftermarket services including tailored training, management support, maintenance, performance reviews, spare parts supply, optimization programs, and operational process support. These provide recurring revenue streams from existing facility clients.

Go-to-market motion2 records

Distribution channels1 record

Marketing channels3 records

Core offering

Eyvi designs, engineers, delivers, and maintains turnkey land-based aquaculture facilities based on Recirculating Aquaculture Systems (RAS) and Flow-Through Systems (FTS), with the Eyvi Intel SCADA platform for water treatment, feed control, and predictive water-quality monitoring. The company provides full project lifecycle services from pre-development and feasibility through design, engineering, project execution, and aftermarket service for hatchery and grow-out facilities producing salmon and other fish species.

Product overview

Eyvi offers tailored land-based aquaculture technology solutions centered around two core technologies: RAS (Recirculating Aquaculture Systems) and FTS (Flow Through Systems), both managed through the Eyvi Intel SCADA platform. The Eyvi Intel platform provides centralized monitoring and AI-powered optimization for water treatment, feed control, and predictive water quality analysis. Eyvi also provides By-product Management services that convert fish waste into organic fertilizer. The product portfolio includes turn-key landbased fish farms with Hatchery Facilities and Grow-out Facilities, supported by comprehensive Aftermarket Services covering maintenance, optimization, monitoring, and training. One Eyvi RAS facility of approximately 27,000m2 provides 10,000 tons of fish per annum.

Differentiator

Problem solved

Functional benefit

Products and services

• RAS (Recirculating Aquaculture Systems) A highly energy-efficient, closed-loop system where water is continuously recirculated to minimize water consumption and reduce environmental impact. RAS provides full control over the biological environment, reducing the risk of disease and contamination to create optimal conditions for fish growth. Targeted at land-based aquaculture operators producing salmon and other species.
• FTS (Flow Through Systems) A non-reuse or partly reuse flow-through system utilizing natural water sources such as ocean, river, or lake for landbased salmon production. Water is directed through fish tanks before being treated and discharged back to the recipient. Best suited where water availability is abundant and both CAPEX and OPEX can be lower due to system simplicity.
• Eyvi Intel (SCADA Platform) A SCADA (Supervisory Control and Data Acquisition) platform that manages the complete water treatment procedure for RAS and FTS facilities. It delivers AI-powered monitoring, optimized feed control, and predictive analysis of water quality (CO2, particles, nutrients, fish growth metrics) for aquaculture operators.
• By-product Management Transforms fish production waste resources from freshwater RAS facilities into valuable by-products such as high-quality organic fertilizer tailored for agriculture and eco-friendly markets. Removed particles from freshwater production are used to produce high-value organic fertilizer.
• Turn-key Landbased Aquaculture Facilities A complete turnkey delivery service for customized landbased aquaculture facilities, covering pre-development, feasibility, full design, engineering, and project execution for hatchery and grow-out facilities. Targeted at aquaculture operators globally seeking to establish or expand land-based fish production.
• Aftermarket & Service Comprehensive aftermarket services for delivered facilities, including tailored training, management support, maintenance, performance reviews, spare parts supply, optimization programs, and operational process support. Targeted at existing Eyvi facility clients seeking to optimize biology and processes, ensure regulatory compliance, and improve ongoing performance.

Quantifiable outcome

• RAS system reuses 99.7% of water while Reuse systems reuse 30-50%
• +4 more outcomes

Segments3 records

Ideal customer profiles1 record

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability3 records

Feature4 records

Scale indicators6 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Salmon Evolution: Norwegian land-based salmon company building large hybrid RAS/flow-through facilities; representative end-customer and competitor reference for Eyvi in the salmon land-based segment.
• Innovasea: US-based aquaculture technology firm offering RAS systems, fish farming equipment, and monitoring/control software overlapping with Eyvi's product and SCADA stack.
• Atlantic Sapphire: Land-based salmon producer operating large-scale RAS facilities (Florida/Denmark); a direct end-market buyer of turnkey RAS construction services like those Eyvi provides.
• Andfjord Salmon: Norwegian land-based salmon producer using flow-through technology; comparable customer profile to Eyvi's FTS-targeted land-based salmon projects.
• AquaMaof: Israeli RAS technology company delivering turnkey land-based aquaculture facilities worldwide, directly competing for similar enterprise RAS contracts in salmon and other finfish.
• Cflow: Norwegian supplier of wellboat and live fish handling systems using flow-through technology for aquaculture; comparable Norwegian aquaculture technology peer serving similar salmon customers.
• Billund Aquaculture: Danish turnkey RAS provider for land-based fish farming with a comparable end-to-end engineering, construction, and aftermarket service model targeting salmon and other species.
• Pure Salmon: Global land-based salmon project developer (formerly 8F Asset Management's platform) building multiple large RAS facilities; overlapping buyer of turnkey RAS EPC services.
• AKVA Group: Norwegian-listed leader in aquaculture technology with a large RAS equipment and turnkey facility business directly competing with Eyvi across salmon land-based projects globally.

Others

• Skretting: Global aquaculture feed supplier (Nutreco); an adjacent ecosystem participant rather than direct competitor, but a critical supplier and partner in the same land-based fish farming value chain Eyvi serves.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/eyvi

Revenue estimate

Valuation estimate

Number of profiles

Profiles11 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 Eyvi