Marine Digital
Financials
Estimates*
USD | 2022 | 2023 |
---|---|---|
Revenues | <1m | <1m |
% growth | - | 200 % |
Source: Dealroom estimates
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
€200k | Angel | ||
€50.0k Valuation: €1.0m | Seed | ||
N/A | Support Program | ||
N/A | €145k | Grant | |
* | €300k | Debt | |
Total Funding | €395k |
Recent News about Marine Digital
EditMarine Digital is a technology startup specializing in maritime logistics, offering a machine learning (ML) based platform designed to optimize various aspects of shipping operations. The company primarily serves shipowners and shipping companies, providing a suite of automated systems aimed at enhancing efficiency and reducing operational costs.
The core offerings of Marine Digital include the Fuel Optimization System (FOS), which helps shipping companies save up to 12% on fuel annually for bulk and tanker fleets. This system is crucial for large vessels where fuel costs represent a significant portion of operational expenses. Additionally, the company provides solutions for vessel performance monitoring, fleet management, route planning, and port call optimization. These tools collectively enable shipping companies to monitor and improve the performance of their fleets, plan efficient routes, and streamline port operations.
Marine Digital operates in the maritime logistics market, a sector that is increasingly focusing on digitalization to improve efficiency and reduce environmental impact. The company's business model revolves around offering software-as-a-service (SaaS) solutions, where clients subscribe to their platform to access various tools and features. Revenue is generated through subscription fees, which can be based on the size of the fleet or the specific services utilized.
The platform also addresses critical issues such as data security, ensuring safe and reliable information exchange between vessels and shore-based operations. This is particularly important in the maritime industry, where secure and accurate data is essential for operational efficiency and regulatory compliance.
In summary, Marine Digital leverages advanced technology to provide comprehensive solutions for maritime logistics, helping shipping companies optimize fuel usage, improve vessel performance, and streamline operations.
Keywords: maritime logistics, fuel optimization, vessel performance, fleet management, route planning, port call optimization, shipping companies, SaaS, data security, digitalization.