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Fri, May 16, 2025
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Orca AI Secures $72.5M in Series B Funding for Maritime AI Technology
Orca AI Secures $72.5M in Series B Funding for Maritime AI Technology

Orca AI Secures $72.5M in Series B Funding for Maritime AI Technology

News summary

Orca AI, a London-based maritime technology company, has raised $72.5 million in Series B funding led by Brighton Park Capital, bringing its total funding to $111 million. Founded in 2018, Orca AI leverages artificial intelligence and computer vision, using a marine visual dataset of over 80 million nautical miles, to enhance navigational safety and operational efficiency for ships. Its platform is already deployed on more than 1,200 vessels operated by major global shipping companies, providing AI-based alerts and decision support to reduce collisions and improve fuel efficiency. The company plans to use the new capital to expand its core autonomy platform, add new capabilities, and enter new markets, including defense and security, as evidenced by its first contract with a navy. Orca AI's growth is also facilitated by real-time data connectivity through Starlink, enabling large-scale data collection and continuous system improvement. The autonomous shipping market is projected to exceed $11 billion by 2028, with Orca AI positioned alongside companies like Avikus and Sea Machines in driving innovation in the sector.

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Orca AI raises $72.5m in Series B funding
7 days ago
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TechCrunch
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Boosted by defense and Starlink, Orca AI pulls in $72.5M for its autonomous shipping platform
10 days ago
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Yahoo! Finance
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Orca AI raises $72.5m in Series B funding
7 days ago
Read Full Article
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TechCrunch
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Boosted by defense and Starlink, Orca AI pulls in $72.5M for its autonomous shipping platform
10 days ago
Read Full Article
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50% Center
Information Sources
daae85f0-2883-42fc-b085-888140adf30d51dae2ab-6a3f-4156-b4a8-805de03e2b50
Left 50%
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Coverage Details
Total News Sources
2
Left
1
Center
1
Right
0
Unrated
0
Last Updated
7 days ago
Bias Distribution
50% Center
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Story Coverage
alt
Yahoo! Finance
Left
Orca AI raises $72.5m in Series B funding
7 days ago
Read Full Article
alt
TechCrunch
Center
Boosted by defense and Starlink, Orca AI pulls in $72.5M for its autonomous shipping platform
10 days ago
Read Full Article
alt
Yahoo! Finance
Left
Orca AI raises $72.5m in Series B funding
7 days ago
Read Full Article
alt
TechCrunch
Center
Boosted by defense and Starlink, Orca AI pulls in $72.5M for its autonomous shipping platform
10 days ago
Read Full Article
Ask VT AI
Bias Distribution
50% Center
Information Sources
daae85f0-2883-42fc-b085-888140adf30d51dae2ab-6a3f-4156-b4a8-805de03e2b50
Left 50%
Center 50%

Related Topics

  • Startups
  • AIAI
  • Series B
  • Venture Capital
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