Harbor Lab raises $16m in new funding

Maritime software company Harbor Lab has raised $16 million in a new funding round, taking total investment in the Greek startup to some $22.5m.

This latest Series A funding round was led by European venture capital firm Atomico, with participation from existing investors Notion Capital, Venture Friends, SpeedInvest and The Dock, alongside new investors Endeavor Catalyst and maritime venture company TMV. Atomico Partner Ben Blume will join the board as a result of the transaction.

Harbor Lab’s software aims to streamline how shipping companies handle port-related costs, enabling a single individual to oversee disbursements for up to 50 vessels. The platform offers tools to mitigate against invoicing errors and overpayments by cross-referencing port call expenses with real-time official port tariffs from global port authorities.

The company also offers services like Know-Your-Customer (KYC) verification, to improve security and compliance in interactions with local agents.

The new funding will be used to support growth in Harbor Lab’s Athens-based team – currently 70 people – and investment in new technologies including artificial intelligence to further improve its offerings.

“By demystifying disbursement accounting, we’re not just streamlining operations; we’re fostering a culture of trust and innovation across the maritime ecosystem,” said Harbor Lab founder Antonis Malaxianakis.

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Rob O'Dwyer

Rob is Chief Network Officer and one of the founders of Smart Maritime Network. He also serves as Chairman of the Smart Maritime Council. Rob has worked in the maritime technology sector since 2005, managing editorial for a range of leading publications in the transport and logistics sector. Get in touch by email by clicking here, or on LinkedIn by clicking here.

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