A new start-up from the University of Trieste was presented on 25th October at the University of Verona on the first Demo Day of the iNEST Consortium (Ecosystem of Innovation of the Interconnected Northeast), together with other recently established entrepreneurial projects: namely Nemo.AI. ‘Nemo.AI uses artificial intelligence to make fishing practices more efficient and sustainable’ says Silvio Baratto, Master's graduate in Data Science & Scientific Computing and co-founder of the start-up.

Developed thanks to an iNEST initiative for the generation and development of start-ups and spin-offs from research centres, funded by the National Recovery and Resilience Plan for EUR 4 million, Nemo.AI has had the opportunity to meet with an audience of investors and industry experts in order to receive support in view of its market launch.

Nemo.AI in depth: AI for fishing

To contribute to innovation in the fishing industry, Nemo.AI aims to develop software based on artificial intelligence through predictive analysis and intelligent sensing. ‘The software will predict the abundance, location and market value of fish species,’ Baratto explains. In this way, the start-up will help improve operational efficiency, regulatory adherence and the health of marine ecosystems.

Collaboration with local fishermen is crucial to the project, as the cofounder says: ‘The integration of broad and varied data - biological, climatic, economic - from local fishermen, combined with the use of state-of-the-art AI techniques, will help reduce overfishing and unwanted catches, promoting a balance between human activities and marine health.’

iNEST's Acceleration Programme promotes new start-ups 

Nemo.AI was selected from over 100 ideas collected from leading universities and research institutes in the Triveneto area. The projects have been developed since last April thanks to the iNEST Acceleration Programme, a structured path aimed at transforming entrepreneurial ideas into sustainable business realities. Having completed this programme, the start-up now enters the fundraising phase, with the aim of launching its innovative service on the market.