Canadian artificial intelligence (AI) firm XpertSea announced Tuesday it has closed a $20 million (€17.1 million) series B funding round.
The round was led by QED Investors and Atlantico with Investissement Quebec joining previous investors Obvious Ventures, Aqua-Spark, Tony Fadell’s Future Shape, Real Ventures and edo Capital.
QED partner Lauren Morton will join XpertSea’s board, resulting in both an executive team and a board where women are in the majority, according to XpertSea.
XpertSea developed its AI technology as a way of connecting shrimp farmers with industry experts so they can best interpret data related to production environments to improve overall crop health.