Alpha Ori

Year Founded: 2016
Employee Count: 51-250
Alpha Ori Technologies develops digital solutions to support every stakeholder in the logistics value chain; ship owners, ship managers, ship operators, port management, surveyors, ship registries, P&I clubs, shipbuilders and others. They have recently partnered with Kongsberg Digital and BW LNG to develop a common data management platform and digital twin models that enhance efficiency and reduce the environmental footprint of LNG carriers and floating storage and regasification units.
BAR Technologies

Year Founded: 2017
Employee Count: 26-50
BAR Technologies aims to commercialise the innovations developed by the British sailing team Ben Ainsley Racing. They work across high performance and super yachts, leisure marine, heavy marine, data & electronics and renewables. Bar Technologies are working with Mitsubishi Corporation’s Pyxis Ocean and will be the first vessels to be fitted with the company’s pioneering wind propulsion technology, Windwings.
BASS

Year Founded: 1997
Employee Count: 51-250
BASS is a provider of fleet management software for ship owners and managers, rigs and FPSOs, and offshore units. Their flagship product, BASSnet is used by more than 100 customers on more than 2,000 vessels worldwide.
CargoSense

Year Founded: 2012
Employee Count: 11-50
CargoSense is a software-as-a-service company that provides IoT based cargo monitoring for organisations with complex supply chains. CargoSense recently had a patent approved for the use of QR codes in the collection of geolocation data.
Chinsay

Year Founded: 2000
Employee Count: 11-50
Chinsay is a global provider of contract automation systems for commodity and freight contracts management. Their solutions digitise the process of creating, validating, archiving and sharing commodity and freight contracts. Chinsay and AXSMarine are working together to merge their technologies to allow data to be shared across their applications.
Concirrus

Year Founded: 2012
Employee Count: 51-100
Concirrus is an insurance technology company that specialises in measuring risk through behavioural analytics. Their Quest products access and interpret large sets of static demographic and dynamic behaviour-based data sets and combine these with historical claims information to reveal the behaviours that correlate to claims. The outcome is new insights and rating factors that simply did not exist before, the ability to deploy risk capital better, improve loss ratios and drive down operating costs.
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Corvus Energy

Year Founded: 2009
Employee Count: 101-250
Corvus Energy deploys large-scale energy storage systems for maritime applications using advanced lithium-ion battery systems. Corvus Energy systems are also used in hybrid port cranes, electric light rail vehicles, hybrid trains, and commercial vehicles. Corvus has recently partnered with Sumitomo Corporation to sell energy storage systems and provide the related maintenance service in the Japanese Market.
CyberOwl

Year Founded: 2016
Employee Count: 11-50
CyberOwl helps operators gain visibility of the cyber risk of the assets across their whole fleet. It provides early warning of cyber attacks and facilitates investigation and triaging of cyber incidents. The reporting system simplifies compliance with IMO 2021 and NIS Directive by evidencing the effectiveness of cyber controls. The company was founded in 2016, and in 2022 have raised over $5 million to support growth.
Danelec

Year Founded: 1981
Employee Count: 11-50
Danelec Marine develops data collection systems for ship owners, aiming to simplify data capture and sharing. Their flagship IoT product, DanelecConnect, helps ship managers and technical superintendents to quickly and easily identify issues and failures, monitor vessel KPIs, and integrate third-party data analytics for continuous improvement.
FrontM

Year Founded: 2016
Employee Count: 11-25
FrontM connects & engages people when they’re unconnected and digitally isolated, such as passengers on aeroplanes and seafarers on ships. FrontM is working with Stella Maris to provide free welfare services to seafarers through FrontM’s communications and welfare super-app. It brings all seafarers, maritime organisations and welfare charities together.
Fueltrax (Nautical Control Solutions LP)

Year Founded: 2004
Employee Count: 11-50
FUELTRAX is a self-contained fuel management solution for commercial marine operators. It standardises the acquisition, transfer, tracking and analysis of accurate, reliable fleet-wide performance data for vessels, fuel engines, and locations. The FUELTRAX onboard fuel management system enables customers to optimise operations in response to live data reporting. Their Electronic Fuel Management System is being installed onboard all Rawbi Vallianz Offshore vessels to promote fuel usage and transparency and improves its emissions tracking capabilities.
GSTS (Global Spatial Technology Solutions)

Year Founded: 2005
Employee Count: 26-50
GSTS develops AI based decision support tools to support the global maritime industry. The company has been selected by the Canadian Space Agency to develop an AI prediction capability for identifying maritime risks such as vessel collisions, grounding and illicit activities such as illegal fishing and smuggling.
HawkEye 360

Year Founded: 2015
Employee Count: 51-250
HawkEye 360 is a Radio Frequency data analytics company. They operate a fleet of microsatellites that provide geolocation of maritime assets such as vessels using just radio frequency data. This makes it possible to track vessels that aren’t carrying or have switched off their AIS transponders.
Identec Solutions

Year Founded: 1999
Employee Count: 51-250
Identec Solution is a global wireless solution provider that provides visibility to improve efficiency, safety, and security in industrial operating environments. Identec has announced a range of partnerships recently, one of which is with the French company Opsealog which aims to combine Ipdetec’s GPS trackers with Opsealog’s data integration analysis system.
Innovez One

Year Founded: 2004
Employee Count: 26-50
Innovez One delivers maritime software solutions for ports and towage operators. Their systems aim to support interoperability between the main actors in the ports supply chain, such as tugs, pilots, and workboats. The platform provides planning, dispatch and billing features and is in use in ports around the world.
ioCurrents

Year Founded: 2015
Employee Count: 11-50
ioCurrents MarineInsight analytics platform gathers, analyses, and transmits vessel equipment data in real-time to help onboard and shoreside operators make more informed decisions. ioCurrents consists of two main components, the DataHub, an onboard mini-computer that collects and analyses data locally, and a remote analytics cloud platform.
Liquid Robotics

Year Founded: 2007
Employee Count: 51-250
Exit: Acquired
Liquid Robotics is an unmanned surface vessel manufacturer. Acquired by Boeing in 2016, Liquid Robotics designed and manufactured the Wave Glider, a wave and solar powered unmanned surface vehicle that has an endurance of up to 12 months with no fuel, emissions, or crew.
Marpoint

Year Founded: 2012
Employee Count: 26-50
MarPoint is a maritime IT company that specialises in providing out of the box solutions for the maritime industry. All the software is developed, modified and customised according to the customer’s needs. They currently have an extensive portfolio of deployed gateway management systems in cruise ships, commercial fishing vessels, tankers, transports and mega-yachts. Their products and services include a satellite, 3G & WiFi network management suite for ship-to-shore and remote communications needs for land-based, marine satellite Internet users.
Metis Cybertechnology

Year Founded: 2016
Employee Count: 51-100
The METIS solution, powered by artificial intelligence, incorporates fully automated, accurate and reliable data acquisition combined with the novel idea of virtual cloud-based agents, which analyse operational or engineering processes and provide helpful feedback in the form of analysis conclusions and events detection reporting to multiple users. Their software module tackles shipping companies’ challenges in monitoring vessel performance effectively to meet charter party agreement reporting needs.
Nautilus Labs

Year Founded: 2016
Employee Count: 51-100
Nautilus Labs is a New York based technology company that develops decision support software for ship owners and charterers. Nautilus software brings charterers, ship owners and operators into a single software platform that makes recommendations for getting the most out of the vessel, maximising profitability while minimising emissions.
Nautilus Labs was founded in 2016, they employ more than 80 people across offices in New York, London, Paris and Singapore. Since their launch, they have raised $47 million in venture funding, with a $34 million series A closing in March 2022. Nautilus Labs’ backers include Microsoft’s venture fund M12 and the Microsoft Climate Innovation Fund.
At the beginning of the year, Nautilus Labs announced that they had updated their voyage optimisation software system to include machine learning based route recommendations to support vessel operators in reducing carbon emissions whilst maximising commercial returns. The system update includes meteorological forecasts as part of its calculation process to generate the best route for the desired outcome depending on the weather. The recommendations are sent daily and updated as dynamic conditions change during a voyage.
Navarino UK

Year Founded: 1996
Employee Count: 51-250
Navarino is a satellite communications organisation whose mission is to deliver high-quality integrated satellite communications solutions. The company recently launched Quazar, a managed IT-as-a-service offering that combines all IT needs for a fixed fee per vessel. Quazar replaces a CAPEX model with an OPEX model for all IT hardware, software and support. In February Quazar was rolled out to 120 vessels operated by Vroon.
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Navtor

Year Founded: 2011
Employee Count: 11-50
Exit: Acquired
Navtor is a digital navigation and routing software systems provider. The company was founded in 2011 and recently announced the acquisition of vessel analytics and performance optimisation company Tres Solutions. Tres Solutions will be integrated into Navtor’s NavFleet management system to provide real time operational insight and performance optimisation recommendations to ship operators.
Norsepower

Year Founded: 2012
Employee Count: 26-50
Norsepower’s mission is to reduce the environmental impact of shipping through its Rotor Sail Solution technology. In August 2022, it was reported that Norsepower had received an order for two of their rotor sails to be installed on two vessels currently being built for the Northern Lights by Dalian Shipbuilding Industry.
Opsealog

Year Founded: 2015
Employee Count: 11-50
Opsealog is a French company based in Marseille that specialises in performance management and environmental impact reduction in the offshore energy and maritime sectors. Composed mainly of former sailors, it places maritime expertise at the heart of its solutions by offering an innovative model called “efficiency as a service.” Opsealog’s services bring value to shipowners and charterers at several levels: digitalization of data collection, analysis and restitution, and consulting to support its customers in their operations. Deployable rapidly anywhere globally, its services allow acting on fuel consumption, the environmental impact of ships, fleet management, onboard personnel, cargo, waste, cost, and safety control.
Pole Star

Year Founded: 1998
Employee Count: 51-250
Pole Star Space Applications provides ship-centric tracking, monitoring, compliance, and risk management services to the shipping and offshore, government, and financial markets and compliance sectors. In 2021, Pole Star strengthened its sustainability screening by acquiring London based start up company Vasanda. The acquisition will provide a new single-point, end-to-end screening solution for the full spectrum of risks across sanctions, compliance and sustainability in the global commodities trade.
Rainmaking Trade and Transport

Year Founded: 2016
Employee Count: 51-250
Rainmaking Trade and Transport is an open innovation programme aimed at matching startups with enterprises within the maritime industry. Additionally, Rainmaking has launched a dedicated venture fund for the maritime industry and a network of senior executives to help maritime startups to thrive.
RightShip

Year Founded: 2001
Employee Count: 51-250
RightShip is a maritime risk management and environmental assessment organisation. With their predictive online ship vetting platform, RightShip Qi, coupled with the maritime expertise of their vetting team, they help customers to manage marine risk by identifying and eliminating substandard ships from the customer’s supply chain while improving overall maritime safety standards in the industry. In 2022, the company launched its new Maritime Emissions Portal, designed to help ports and terminal operators accelerate ship-based emissions reduction initiatives with more accurate and granular data.
Rovco

Year Founded: 2016
Employee Count: 1-10
Rovco is a global subsea and hydrographic services provider. Rovco’s SubSLAM X1 is the world’s first sensor array that is capable of providing real-time underwater 3D point clouds for surveying. The system can be installed on any ROV, and makes it possible to live stream underwater inspections and surveys to any device.
Royston Ltd.

Year Founded: 1978
Employee Count: 51-250
Royston is an engineering and technology specialist who provides high quality, value added services, software, and parts to maritime, renewables, offshore, and energy sectors. Royston operates enginei, a marine energy management system that makes it possible for vessel operators to better manage fuel consumption, reducing emissions and cutting costs. In partnership with Newcastle University, Royston are currently working on an R&D project to support the decarbonisation of ferries by using enginei to evaluate the impact of different emission reduction technologies.
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Saildrone

Year Founded: 2014
Employee Count: 51-250
Saildrone designs and manufactures wind and solar-powered autonomous surface vehicles called Saildrones, which make cost-effective ocean data collection possible at scale. Saildrone’s Mission-as-a-Service provides users with a dedicated fleet of USVs to cost-effectively collect scientifically validated oceanic and atmospheric observations over extensive areas and extended periods. In 2022, the company launched their Saildrone Explorer on a large-scale, multi-partner mission in Lake Superior, supporting the sustainable management of the $7 billion per year Great Lake Fishery.
ScanReach

Year Founded: 2015
Employee Count: 11-50
Over the last four years ScanReach has developed the world’s first wireless IoT platform for complex and confined steel environments, enabling wireless POB control and all kinds of onboard IoT applications such as wireless control of assets, equipment, room conditions and cargo. ScanReach has also been working on a new project called ConnectFuel, leveraging the firm’s wireless shipboard IoT platform to support collecting and analysing vessel fuel consumption data.
Sea Machines Robotics

Year Founded: 2014
Employee Count: 51-100
Sea Machines Robotics is building advanced technology for the marine and maritime sector with a product line of autonomous control and navigation systems for commercial boats and ships. Sea Machines Robotics produced the SM3000 System, which was installed on the Foss Maritime Company tug. This follows the established process of new technology qualification, document evaluation following ABS Rules and Guides, and a successful product review and shows that Sea Machines’ technology conforms with ABS’ requirements addressing use aboard.
Sinay

Year Founded: 2008
Employee Count: 26-50
Sinay has developed a suite of data tools to support sustainable maritime operations. This includes a range of APIs that allow customers to quickly integrate new data sets into their own systems. These include ETA, port congestion, AIS, metocean, and carbon emission calculation data streams.
Spire Global – Spire Maritime

Year Founded: 2012
Employee Count: 51-250
Exit: IPO
Spire Global Inc. is a space-to-cloud analytics company that utilises proprietary satellite data and algorithms to provide the world with advanced maritime, aviation, and weather tracking. The company recently upgraded their marine data service, adding new algorithms and improved API connection capabilities. This will offer data on vessel locations, weather conditions and global shipping activity, an open-source query language, to its API infrastructure, allowing users to integrate vessel Automatic Identification System (AIS) tracking data into third-party applications.
Stena RoRo

Year Founded: 1977
Employee Count: 11-50
Stena RoRo enables chartering of RoRo vessels to first-class operators all over the world and their clients are found both outside and within the Stena Sphere. The company is highly skilled and experienced in designing and converting vessels, which they combine with a unique knowledge of the market, to create tailor-made solutions for their customers. Stena RoRo have partnered with the Port of Gothenburg as they plan on using electro methanol, they will be using the port as their bunkering hub in an attempt to cut down on their carbon emissions.
StratumFive Limited

Year Founded: 2009
Employee Count: 26-50
StratumFive develops fleet monitoring, weather routing, and voyage informatics systems. Their flagship platform Podium brings together data sets from a wide range of sources into a single platform to support decision making and fleet optimisation.
Transmetrics

Year Founded: 2013
Employee Count: 11-50
Transmetrics solution provides cargo companies with data cleansing, demand forecasting and predictive optimisation based on data science and AI. Transmetrics works with some of the leading logistics companies in the world, including container shipping company NileDutch.
Traxens

Year Founded: 2012
Employee Count: 51-250
Traxens makes smart container IoT devices that provide precise and timely information on containers and container transport. It led a 3-year R&D program to develop specific technology required to produce cost-effective, durable and autonomous devices for a wide range of container data capture and real-time transmission of this data from anywhere on the globe. Traxens’ backers include Maersk, MSC, and CMA CGM and the company has partnerships in place with COSCO Shipping and the Port of Rotterdam. This year, after raising €23 million from the company’s existing shareholders Traxens acquired NEXT4, which manufactures removable container trackers.
Turvo

Year Founded: 2014
Employee Count: 51-250
The Turvo platform connects people and organisations across the supply chain, allowing shippers, logistics providers and carriers to work together in real time through cloud-based software and mobile applications. In 2019, Turvo partnered with DHL group and Convoy to implement a robotic process automation platform.
Unseenlabs

Year Founded: 2015
Employee Count: 26-50
Unseenlabs operated a fleet of cube satellites specialised in detecting electromagnetic emissions. They provide maritime surveillance service that does not rely on AIS. Unseenlabs recently partnered with Orbcomm to offer space-collected RF services for maritime surveillance applications to Orbcomm’s government and commercial AIS customers.
VesselMan

Year Founded: 2015
Employee Count: 1-10
VesselMan provides cloud-based software solutions to the maritime industry that offers a fast, easy-to-implement and cost-efficient option for complex and costly maintenance projects such as drydocking’s, turnkey projects, ship repairs, and refits. Backed by Innovation Norway, VesselMan recently launched a project to develop a specialist workflow to streamline the maintenance between battery pack supplier Corvus Energy and ferry company Fjord 1.
Vortexa

Year Founded: 2016
Employee Count: 51-250
Vortexa provides monitoring and analytics on global energy flows by combining data from sources including satellites, port agents, media, and government agencies. The platform is used by commodity traders, finance professionals, and shipping companies to support decision making through historical data, predictive analytics and expertise.
WAVE BL

Year Founded: 2015
Employee Count: 11-50
Wave BL is a blockchain-based digital courier platform that mirrors the traditional process of electronically transferring original paper documents. Their solution enables instant, encrypted and authenticated transfer of Bills of Lading and other unique digital documents. Ocean Network Express uses WAVE BL’s platform to enhance and accelerate digital trade adoption across its supply chain and plans to expand its electronic bills of lading.
Windward

Year Founded: 2010
Employee Count: 51-250
Exit: IPO
Windward is in the business of analysis to help people understand maritime risk and therefore take actions to reduce it. Combining the traditional world of shipping with the new world of data helps marine insurers boost profitability by quantifying dynamic risk. In addition, it enables intelligence agencies, coastguards and law enforcement to protect their national interests by revealing potential threats. Earlier this year, Windward launched its Ocean Freight Visibility solution, enabling freight forwarders to improve efficiency and scalability with automated data collection and analysis, providing real-time accurate ETA predictions, disruption risk predictions, reasons for the delay, and location-based insights for containerised freight.
Xeneta

Year Founded: 2012
Employee Count: 51-250
Xeneta’s reporting and analytics platform provides shippers and freight forwarders with the data they need in real time to compare their shipping prices against the world’s largest contracted rate database. In September, Xeneta announced an $80million fundraise to support growth.
XOCEAN

Year Founded: 2017
Employee Count: 101-250
Using unmanned surface vessels, XOCEAN provides turnkey data collection services to surveyors, companies and agencies. From mapping the seabed to environmental monitoring, XOCEAN offers a safe, economical and carbon neutral solution to collecting ocean data. XOCEAN is currently working to develop the next generation of USVs that are capable of operating over the horizon with a range of over 3,000 nautical miles without a support vessel.
Youredi

Year Founded: 2010
Employee Count: 11-50
Youredi has developed a simple, cost-effective integration platform-as-a-service that can be delivered quickly and securely from the cloud.. Youredi has recently partnered up with Awake.AI to help the company ensure seamless information sharing between maritime stakeholders.
YXNEY Maritime

Year Founded: 2016
Employee Count: 1-10
Exit: Acquired
YXNEY Maritime provides data-driven solutions that assist ship owners and energy companies in decarbonising maritime operations. In September 2022, YXNEY Maritime announced the launch of its CORE emissions tracking software aimed at enabling low-carbon shipping players to reach their decarbonisation goal.
Zencargo

Year Founded: 2017
Employee Count: 101-250
Zencargo is a digital freight forwarder. They provide freight forwarding, supply chain optimisation, and supply chain intelligence software that combines real-time communication, visibility and analytics. The company was founded in 2017 and has raised over $60 million from investors to fuel growth.
ZeroNorth A/S

Year Founded: 2015
Employee Count: 101-250
ZeroNorth is a tech company that aims to lead the green transition of the shipping industry. The ZeroNorth platform helps vessel owners and operators to optimise voyages, vessel and bunkers to immediately reduce CO2 emissions, supporting the industry’s decarbonisation journey. ZeroNorth has recently announced the acquisition of ClearLynx, an online platform for the fuel market, which will be added to ZeroNorths current software to provide an integrated system for optimising bunker fuel.