Birdview
Industry
Case
Board & Advisory – Active investment
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Birdview
Industri
Case
Board & Advisory – Active investment
Stiftet
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About Birdview
Birdview is a Norwegian company that builds tough, self-flying drones for use at sea. Designed to survive harsh
marine conditions, their patented drone flies far beyond what a pilot can see, keeps working even when GPS is
jammed, and can land by itself on a moving boat.
The same drone serves two markets. In fishing, the NJORD drone expands a boat’s sonar search area 56-fold –
halving fuel and bycatch costs and paying for itself within a year. In defence, it offers cheap, round-the-clock ways
to watch the seas: spotting submarines, protecting undersea cables, and monitoring borders – just as Europe
boosts maritime security spending. Each market strengthens the other, and the technology also extends into
offshore energy.
Traction
Birdview is moving from R&D into commercialisation, with its first agreements signed: a defence agreement with
Marriott Aerospace securing export rights and guaranteed minimum volumes, a GCC/Egypt sales channel, and an
EU Horizon project with SINTEF. Management projects 15 systems sold in 2027, scaling toward ~€12.6m in annual
revenue by 2036.
Unit economics are attractive: ~68% gross margin per system and a sub-one-year payback for the vessel owner.
The platform is protected by a granted European patent on gathering underwater data from vessel-launched
drones (to 2040), a Nordic patent family (to 2036–37), and a pending PCT on precision landing at sea (to 2046) –
claims covering fishing, defence, and energy alike. To fund this transition, Birdview is raising EUR 2m at an EUR
11.5m pre-money valuation, a seed round closing in Q3 2026. Raised to date: ~€2.26m equity + ~€0.2m in grant
– Revenue last year (2025): 0
– Expected Revenue Year 1 (2027): ~€3.5m
Birdview is looking for
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Mikkel Pedersen, mp@cvx.vc
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Board & Advisory - Active investment
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