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Valtec

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Valtec

Valtec offers a managed drone service powered by proprietary software and AI to transform marine intelligence, focusing on purse-seine fishing vessels to improve efficiency and sustainability.

Problem

  • Inefficient tuna spotting: Tuna fishing relies on helicopters with spotters manually identifying signs of tuna, such as bubbles and splashes, and reporting back to the ship’s captain.
  • Labour-intensive process: Current methods are highly dependent on intuition and experience, making them inefficient, costly, and hard to replicate across fleets.Variable outcomes: Fleet-wide catches and revenues fluctuate significantly due to inconsistent spotting methods and decision-making.

Solution

  • Drone-based intelligence: Valtec provides managed drone services from fishing vessels to scan for tuna, replacing traditional helicopter spotting.
  • AI-powered decision support: Proprietary software and AI help captains identify tuna schools, optimise routes, and make data-driven decisions, boosting efficiency and yields.
  • Leveling the playing field: By offering precise intelligence, Valtec’s solution helps less experienced captains compete effectively, improving consistency and overall fleet performance.

Type

Agriculture Aquaculture & Forestry

Focus Area

Deep Tech, Enterprise, and Sustainability

Capital Raised (US$)

1M to 5M

Operational HQ

Taiwan

SECTOR

Computer Vision and Robotics & Drones

status

Current

founders

John Keh, Chris Balmaseda, Neil Chou, Jerry Liu

partnered

2024

exited

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