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Voyager has completed a $1.5 million seed funding round co-led by ATX Venture Partners, Blue Bear Capital, GreenHawk Capital, and Phaze Ventures to expand the Software-as-a-Service (SaaS) network’s offerings, further acquire and expand its customer base, and grow its engineering, development, marketing and sales teams.

Marseille-based company Traxens has closed a Series C funding round worth close to EUR 20 million ($22.7M), with the purpose of launching a global large-scale sea-land fleet of IoT tracking solutions on vessels operated by its partner shipping companies, including CMA CGM and MSC.

Microsoft is supporting the development of artificial intelligence (AI) to improve fuel efficiency on ships with a US $11 million in Series A funding for Nautilus Labs.

Monday, 18 March 2019 15:34

OneWeb Secures $1.25bn in new funding

Communications company OneWeb has secured $1.25 billion in new capital to accelerate the development of a global communications network by 2021.

Tuesday, 18 December 2018 09:51

Autonomous vessel tech company raises $10m

Boston-based autonomous vessel technology company Sea Machines Robotics has closed a $10 million fundraising round, bringing the total funding raised by the company to $12.5 million.

Hapag-Lloyd has committed to making new investments in digitalisation and automation over the next five years, as it unveiled details of its new ‘Strategy 2023’ corporate plan.

Tuesday, 23 October 2018 14:59

exactEarth gets $5.5m in government funding

Satellite-AIS data provider exactEarth is to gain CAD$7.2 million (approx. US$5.5m) in investment over three years from the Government of Canada, to support the development, management and expansion of exactView RT, the company’s real-time Satellite-AIS service.

The UK’s Maritime & Coastguard Agency (MCA) and Department for Transport (DfT), in collaboration with the National Oceanography Centre’s (NOC) Marine Robotics Innovation Centre, have successfully secured £1 million to fund research and development into autonomous and ‘smart’ shipping.

Thales Canada reports that it is investing more than $315,000 in a new research project with Virtual Marine of Newfoundland, to improve Virtual Marine’s embedded ship simulation systems.

Thursday, 04 October 2018 14:48

LR launches Safety Accelerator challenges

The Lloyd’s Register Safety Accelerator has opened a call to find new innovations to improve safety of life and assets, with up to four start-up winners to receive trial funding for their systems under separate categories.

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Digital Ship magazine provides the latest information about maritime satellite communications technology, software systems, navigation technology, computer networks, data management and TMSA. It is published ten times a year.

 

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