The 2022 Skysail Advisors Ltd Maritime Technology Landscape is now available.
Highlights of the January 2022 Skysail Maritime Technology Landscape:
Predictive intelligence company Windward's IPO on the London Stock Exchange at a £126 million market capitalization marked an impressive exit and spotlight on maritime tech's digitalization and embracing of artificial intelligence. The company has steadily grown its product offering and customer base since its Series A in 2011.
ZeroNorth continued to consolidate the bunker and vessel performance monitoring space through the acquisition of bunker platform Clearlynx. This follows on last year’s acquisition of digital vessel performance company Propulsion Dynamics.
VesselsValue consolidated its market reporting capabilities by acquiring its long-term partner Viamar A/S, a Norwegian analysis and market forecasting company. The two companies have had a partnership for more than 6 years.
Lloyds Register expanded its footprint in maritime performance solutions by acquiring Greensteam. The acquisition will be merged into its i4 Insights platform together with its C-MAP nautical chart acquisition from 2020.
Sofar Ocean raised a $39 million Series B from Union Square Ventures and the Foundry Group to grow its ocean intelligence product offerings, while Voyager Portal raised an $8.4 million Series A, led by Phaze Ventures, to fuel its growth across the maritime supply chain.
Other notable raises include French-based SeaRoutes’ €1.3 million VC funding from Hamburg-based WSB along with a €1.1 million grant from the European Maritime and Fisheries Fund, as well as Finnish maritime technology Seaber.io’s €1.5 million funding from Counterview Capital, Lifeline Ventures, and Tesi (Finnish Industry Investment). Increasingly we are seeing government and regional support for BlueTech and maritime tech initiatives.
What does this mean going forward? Expect big things from Maritime Tech in 2022.
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