Samreen Ahmad · · 1 min readSoftBank Ventures Asia leads $5.8m round of maritime solutions firm
South Korea-based Seadronix, an AI-powered solution for the maritime industry, has raised US$5.8 million in a round led by SoftBank Ventures Asia.
Photo credit: Seadronix
Founded by autonomous ship researchers from the Korea Advanced Institute of Science and Technology, Seadronix specializes in the maritime industry for smart port and autonomous navigation.
The company provides two AI-based solutions: the Berthing Monitoring System to assist in the berthing of large vessels and the Around-view Monitoring System to assist in the navigation of ships.
“Our mission is to be an AI platform that ensures the safety and environmental protection of the ocean. With this funding, we hope to recruit more talents in AI/sensor fusion and navigation and accelerate our global market penetration plan,” said Byeolteo Park, CEO of Seadronix.
With this round, the startup has raised a total of US$8.3 million so far.
See also: Dutch startup plans to keep Southeast Asia afloat – literally
Editing by Miguel Cordon and Lorenzo Kyle Subido
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