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Home World Regional News Europe

Stockholm-based Fishbrain bags $6M

Femi Thomas by Femi Thomas
08/11/2023
in Europe
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Fishbrain Sweden

Fishbrain Sweden

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Stockholm-based Fishbrain announced that it has raised $6M in a growth financing round co-led by Swedish venture capital fund Industrifonden and New York-based investment firm Lucerne Capital Management.

The company says the funding will be used to develop new product features and enhance the fishing experience for millions of its users worldwide.

Fishbrain is an innovative fishing app that offers a range of features to enhance the fishing experience. With Fishbrain, anglers can fish smarter by accessing a variety of tools and information right at their fingertips.

Fishbrain offers a key feature called Fishing Spots, which allows users to explore a vast database of fishing spots.

With over 14 million verified catches logged by the Fishbrain community, anglers can discover hidden gems they may not have known about.

In addition to Fishing Spots, Fishbrain provides Depth Maps, which allow users to create strategies based on observable structures and water depth.

Contour lines and colors on the maps indicate the depth of bodies of water, helping anglers identify potential fishing hotspots.

Fishbrain also offers a Logbook feature that enables anglers to record their catches.

By logging catches in the app, users can keep track of what, where, and when they caught a fish and the bait or technique used.

 

Read more on Tech Gist Africa:

Sweden’s healthcare startup Encare secures €1.5M

Sweden’s Bits Technology secures €4M

Sweden’s X Shore bags €26.5M

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