Seafood-focused investor Bluefront Equity has acquired a majority stake in aquaculture logistics software provider Anteo.
Following the transaction, Bluefront will hold 54 percent of the shares in Anteo after acquiring stock from several early investors. Key employees are also increasing their ownership alongside the new investor. Financial details of the deal were not disclosed.
Anteo develops software used to plan and optimise logistics in aquaculture operations, including feed supply, service vessel deployment and site operations. Its core product is a digital platform designed to coordinate vessels, fish farming sites and resources while aggregating operational data from sensors and production systems.
The company also offers tools for recording fish health indicators and documenting regulatory requirements such as sea lice monitoring.
Anteo has 10 employees, mainly based in Bergen, with additional presence in Trondheim, Florø and Rørvik. Its customers include fish farmers, feed producers, service companies and vessel operators across the Norwegian coastline.
The company reported revenue of approximately NOK 27 million (€2.40 million) in 2025, representing growth of nearly 20 percent compared with 2024 and more than double its revenue in 2023.
Bluefront said the investment will support further development of the company and expansion into international markets.
As part of the transaction, former BioMar executive Jan Sverre Røsstad has been appointed chairman of Anteo’s board. Bluefront partner and chief investment officer Simen Landmark and investment manager Johan Kostveit will also join the board.
The investment was made through Bluefront’s second fund, Bluefront Capital II.
