About MAGNEA

Maximize the value of seafood with data

OBJECTIVE

MAGNEA aims to revolutionize the fishing industry with the help of artificial intelligence and machine learning.

We enable companies in the fisheries sector to maximize profits with real-time fish price forecasts, and provide valuable market insights that support informed decision-making and create a real competitive advantage.

Whether dealing with smaller fleets or large seafood sales enterprises, MAGNEA helps you make smarter pricing decisions with the support of advanced artificial intelligence.

AI IN ACTION

How MAGNEA's artificial intelligence predicts fish prices

Our advanced machine learning algorithm processes a wide range of data sources to provide accurate price forecasts

Data collection

We collect historical price data, market trend data, and external factors such as weather and seasonal fluctuations

Data processing

We clean and standardize data to ensure high-quality information. Raw data is transformed into a format optimized for machine learning.

Artificial Intelligence Analysis

Our machine learning models analyze patterns and correlations, and learn from historical trends to predict future prices

Price Forecasts

We create accurate price forecasts with margins of error, achieving up to 83% accuracy in real-world conditions

Practical insights

We provide real-time recommendations to help you optimize pricing and increase revenue by 2-8%

OUR TECHNOLOGY

A technological solution that learns and evolves

Magnea utilizes cutting-edge machine learning algorithms and real-time data analysis to deliver the most accurate price forecasts available. Our software is built on reliable technology that constantly learns and evolves.

OUR TECHNOLOGY

A technological solution that learns and evolves

Magnea utilizes cutting-edge machine learning algorithms and real-time data analysis to deliver the most accurate price forecasts available. Our software is built on reliable technology that constantly learns and evolves.

OUR TECHNOLOGY

A technological solution that learns and evolves

Magnea utilizes cutting-edge machine learning algorithms and real-time data analysis to deliver the most accurate price forecasts available. Our software is built on reliable technology that constantly learns and evolves.

Data layer

Real-time collection and analysis of historical data

Artificial Intelligence Core

Advanced algorithms and precise predictive models

Web Service (API)

Fast, scalable, and secure data delivery

THE TEAM

A team of experts in fisheries, artificial intelligence, and management

Baldur Hrafn Vilmundarson

CEO & Founder

MBA · MSc in Finance

SKEMA BS, Paris

15+ years in finance and business in the seafood industry

Dr. Sigríður Soffía Sigurjónsdóttir

CEO & Co-founder

PhD · Behavior Analysis

OsloMet

15+ years in business consulting and teaching

Dr. Benedikt Kolbeinsson

CTO & Co-founder

PhD · Deep Learning

Imperial College London

4+ years of experience in AI and ML

Dr. Arinbjorn Kolbeinsson

CTO & Co-founder

PhD · Deep Learning

Imperial College London

7+ years of experience in AI and ML

Baldur Hrafn Vilmundarson

CEO & Founder

MBA · MSc in Finance

SKEMA BS, Paris

15+ years in finance and business in the seafood industry

Dr. Sigríður Soffía Sigurjónsdóttir

CEO & Co-founder

PhD · Behavior Analysis

OsloMet

15+ years in business consulting and teaching

Dr. Benedikt Kolbeinsson

CTO & Co-founder

PhD · Deep Learning

Imperial College London

4+ years of experience in AI and ML

Dr. Arinbjorn Kolbeinsson

CTO & Co-founder

PhD · Deep Learning

Imperial College London

7+ years of experience in AI and ML

Baldur Hrafn Vilmundarson

CEO & Founder

MBA · MSc in Finance

SKEMA BS, Paris

15+ years in finance and business in the seafood industry

Dr. Sigríður Soffía Sigurjónsdóttir

CEO & Co-founder

PhD · Behavior Analysis

OsloMet

15+ years in business consulting and teaching

Dr. Benedikt Kolbeinsson

CTO & Co-founder

PhD · Deep Learning

Imperial College London

4+ years of experience in AI and ML

Dr. Arinbjorn Kolbeinsson

CTO & Co-founder

PhD · Deep Learning

Imperial College London

7+ years of experience in AI and ML

Baldur Hrafn Vilmundarson

CEO & Founder

MBA · MSc in Finance

SKEMA BS, Paris

15+ years in finance and business in the seafood industry

Dr. Sigríður Soffía Sigurjónsdóttir

CEO & Co-founder

PhD · Behavior Analysis

OsloMet

15+ years in business consulting and teaching

Dr. Benedikt Kolbeinsson

CTO & Co-founder

PhD · Deep Learning

Imperial College London

4+ years of experience in AI and ML

Dr. Arinbjorn Kolbeinsson

CTO & Co-founder

PhD · Deep Learning

Imperial College London

7+ years of experience in AI and ML

SUPPORTED BY LEADING PARTNERS

Strong backing

MAGNEA is supported by Iceland's leading innovation and research organizations, which is a testament to our contribution to technological development in the fisheries sector.

Contact us

Do you have questions about MAGNEA?

We would love to hear from you.

Reykjavík, Iceland

Take your business to the next level

Take your business to the next level

Take your business to the next level

Take your business to the next level