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Orca AI secures $23M to advance development of autonomous shipping technology

Orca AI secures $23M to advance development of autonomous shipping technology

05/24/24, 8:41 AM
Location
https://purecatamphetamine.github.io/country-flag-icons/3x2/GB.svglondon
Money raised
$23 million
Industry
transportation
Investors
Mizmaa Ventures, Ocv Partners
Orca AI has secured $23 million in a new funding round, led by OCV Partners and Mizmaa Ventures. This investment brings Orca AI’s total funding to nearly $40 million and positions the company as a key player in the development of autonomous shipping technology.

Company Info

Company
Orca AI
Location
london, england, united kingdom
Additional Info
Orca AI, founded in 2018 by a team of Navy veterans, is a maritime technology startup that helps shipping companies improve operational safety, efficiency, and sustainability through a unified AI and computer vision-based platform. As of October 2024, 900 vessels have been booked, with 550 successful installations completed.

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