Shipping Technology, a Rotterdam-based developer of hardware and software for the shipping industry, has secured new investment from First Dutch in combination with Platform Zero.
The company aims to use the capital infusion to initiate a new growth phase and scale up internationally, especially in the Inland Shipping industry, having been founded in 2018. The firm also plans to further develop and improve its products and services, adding features that are being developed based on feedback from early adopter clients.
Shipping Technology’s systems, including its ST BRAIN, are used to gather, analyse and connect vessel data to improve operational efficiency and sustainability. The company says that its growth strategy is primarily aimed at unlocking more data for fleet management improvements and creating systems to support future autonomous operations.
“Currently the ST BRAIN is installed in more than 250 vessels. In the past years we’ve not only grown our installed base, but also the technology, developing reliable software that makes shipping, especially inland shipping, safer, more sustainable and more efficient,” said Shipping Technology founding partner Remco Pikaart.
“Our short-term ambition is to quadruple our installed base in Europe within the next three years. For that we needed a reliable partner who understands the business and enables us to scale up faster.”
“First Dutch is that partner. Also, there’s a lot of synergy to be gained from the maritime network of First Dutch. Its founder Peter Goedvolk is of course a well-known maritime entrepreneur. We were impressed by the knowledge of the First Dutch team and look forward to growing our company with them.”
Strategic investor First Dutch was founded by Peter Goedvolk to help sustainable businesses grow and scale. The firm has a strategic collaboration with Platform Zero, which is also an investment partner in this project.
