The company
Based in Lexington, Kentucky, FlyWire Cameras drives enhanced seafood supply chain transparency and traceability through the delivery of at-sea electronic monitoring solutions for the commercial fishing sector. FlyWire’s secure, turn-key precision fishing platform provides vessel owners and operators with the catch data and operating insights needed to optimize fishing effort, boost profits, and support healthy, resilient fish stocks. FlyWire systems are adaptable to a range of vessel, gear and fishery types and operating scales.
The investment
A financing round led by CI Ventures totaling $US 1 million will enable FlyWire to invest in team development, research and development, and technology commercialization.
The impact
FlyWire’s technology solutions contribute to the protection of marine ecosystems and biodiversity by reducing the adverse impacts of wild capture fishing activities, promoting sustainable and regenerative seafood systems while boosting fishing industry livelihoods.
