What does Orca AI do?
Orca AI develops a maritime operations platform that leverages artificial intelligence and computer vision to enhance operational efficiency and voyage safety. Its technology enables ship crews to make data-driven decisions in challenging environments, while fleet managers receive actionable insights to optimize fleet performance.
How much did they raise?
The company raised $72.5M in a Series B round led by Brighton Park Capital, with participation from existing investors Ankona Capital and Hyperlink Ventures. This round brings its total funding to $111M.
What are their plans for the money?
Orca AI intends to use the funds to further develop its autonomous platform, add new capabilities, and explore new categories, including defense and security. This strategic expansion aims to consolidate its market position and drive innovation in maritime operations.
What have they achieved so far?
The platform is already trusted by major global shipping companies such as MSC, NYK, Scorpio, and Seaspan, with over 1,200 vessels using the system to enhance operational safety and efficiency.
