May 6, 11:51 AM

Israeli Maritime Tech Firm Orca AI Raises $72.5M Series B Led by Brighton Park to Advance AI Shipping Platform

Orca AI, an Israeli maritime technology company specializing in AI-powered autonomous shipping navigation, has raised $72.5 million in a Series B funding round led by Brighton Park Capital. Founded in 2018 by Yarden Gross and Dor Raviv, the London-based company has now secured over $111 million in total funding. Orca AI’s platform leverages a dataset of more than 80 million nautical miles to enhance autonomous shipping capabilities. The company’s recent funding aims to advance its autonomous shipping platform, which integrates technologies such as Starlink for enhanced navigation and communication. This development follows other investments in AI-driven logistics and robotics, including Figure AI’s $675 million funding round targeting $9 billion in revenue by 2029, and UPS’s exploration of humanoid robots.

#Orca AI #Israeli #Brighton Park Capital #Yarden Gross #Dor Raviv #London #Starlink #Figure AI #UPS

Written with ChatGPT (GPT-4).

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