Surf Eye is a technology company.
Surf Eye has raised $350K across 1 funding round.
Surf Eye has raised $350K in total across 1 funding round.
Surf Eye has raised $350K in total across 1 funding round.
Surf Eye's investors include Afore Capital, Aleph VC, Craft Ventures, Data Tech Fund, General Catalyst, NFX, Passion Capital, The House Fund, Thrive Capital, Charlie Songhurst, Henry de Zoete, Ian Hogarth.
Surf Eye is a Portugal-based technology company building an AI-powered camera network that automatically detects, tracks, edits, and delivers high-resolution videos of every surf wave in real-time at top surf spots and wave pools worldwide[1][2][5][7]. It serves amateur and pro surfers, surf parks, and enthusiasts by solving the challenge of capturing high-quality footage without manual filming—especially rare for non-pros unless in lessons or with friends[1]. The product uses machine learning and computer vision to handle multiple surfers per wave, intelligently group clips by style, and enable easy preview, download, and sharing via paid plans starting at €5[1][2]. Since its first ocean installation in 2022, Surf Eye has scaled to partnerships with 12 surf parks globally, including Skudin Surf (New York), RiF010 (Rotterdam), and Jochen Schweizer Arena, establishing it as the world's largest AI surf camera network and driving revenue for wave pool operators[1][3][4][5].
Surf Eye was founded in 2022 (with some sources noting 2023) in Portugal by Italian entrepreneur Alessandro Fracassi (CEO, background in international management at NOVA School of Business, Hyundai Marketing, and FCA Fiat Chrysler) and Irish tech expert Andrew East (CTO, expertise in edge computing, computer vision, full-stack engineering at Wayflyer, and UX research at IADT)[1][2]. The idea stemmed from a core insight: surfers crave footage of their waves, but it's scarce without pros, lessons, or beachside friends filming[1]. After months of development, they installed their first AI-powered ocean camera at Caparica near Lisbon, sparking instant traction along the Portuguese coast[1]. A pivotal shift came recognizing surf parks' potential—controlled waves and growing communities—leading to their first wave pool partnership in New York in January 2024, fueling rapid global expansion to 12 sites[1].
Surf Eye stands out in surf video capture through these key strengths:
Surf Eye rides the explosion of wave pool surfing—a $2B+ market growing with controlled, consistent waves amid climate-impacted oceans—positioning AI as essential for scalable sports media[1]. Timing aligns with AI advancements in computer vision and edge computing, enabling real-time multi-object tracking in dynamic water environments, while surf parks proliferate globally (e.g., Citywave, Unit tech)[1][3][4]. Market forces like rising amateur participation, social sharing demands, and venue monetization favor it; no competitor matches its network scale or automation[1][5]. It influences the ecosystem by empowering coaches via tools like Pactto integration, skill improvement for masses, and data for wave monitoring—democratizing pro-level analysis and boosting surf parks' stickiness[3].
Surf Eye is primed for hypergrowth, targeting more wave pools (e.g., Surf Center Brasil expansions) and ocean networks in Brazil/Portugal, while hiring tech/business talent signals scaling ambitions[2][3][7]. Trends like AI coaching ubiquity, IoT surf cams, and metaverse sports clips will amplify it, potentially evolving into full water-sports tracking or global athlete platforms[2][3]. Its influence could redefine surf media, turning every wave into shareable content and making "see your waves" as standard as GoPro—starting from that Caparica beach insight to worldwide dominance[1].
Surf Eye has raised $350K across 1 funding round. Most recently, it raised $350K Seed in March 2024.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Mar 1, 2024 | $350K Seed | Afore Capital, Aleph VC, Craft Ventures, Data Tech Fund, General Catalyst, NFX, Passion Capital, The House Fund, Thrive Capital, Charlie Songhurst, Henry de Zoete, Ian Hogarth |