Orca AI (Series A/B)
Funding Details
- Awarder
- Inbox
- Date Award
- May 23, 2024
- Vertical
- Autonomous Navigation
- Funding URL
- View Funding Page
- Valuation
- $40,000,000
- Funding Amount:
- $23,000,000
Company Info
- Founding Year
- 2018
- Traction
- Orca AI claims to have reduced close encounters and crossing events at sea by significant percentages, showcasing the effectiveness of their AI navigation system. They have also achieved substantial fuel savings and CO2 reduction across a fleet of vessels.
- Organizations Involved
- MSC, NYK, Maersk, Seaspan
- Founders
- Yarden Gross, Dor Raviv
- Company Description
- Orca AI is an Artificial Intelligence company that develops a boat collision avoidance system for the maritime industry.
- Market
- Shipping
- Location
- London, UK
- Coinvestors
- OCV Partners, MizMaa Ventures