Orca AI reports that it has raised $72.5 million in Series B funding to support the expansion of its AI-based maritime technology platform. The investment round was led by Brighton Park Capital, with participation from Ankona Capital and Hyperlink Ventures.
The funding will be used to further develop the company’s autonomous navigation systems, add new capabilities, and expand into new areas, including defence and security applications.
Orca AI says the new round brings its total funding raised to $111 million, with OCV Partners and Mizmaa Ventures having joined earlier rounds.
Founded in 2018, Orca AI provides ship operators with an AI-powered platform that uses computer vision and a marine visual dataset to improve navigation, situational awareness, and collision avoidance. The system delivers real-time alerts and decision support, helping to reduce the likelihood of close encounters and operational risks.
“Over the past two years, ships have become increasingly connected to the cloud, enabling large-scale data collection and unlocking the potential of AI,” said Yarden Gross, CEO and Co-Founder of Orca AI.
“We are deploying technologies that make vessels smarter, safer, and more automated. Orca AI is leading this transformation, deploying advanced AI technologies that make vessels smarter, safer, and more automated.”
“We are grateful to have forward-thinking investors who, like us, can see how the advancements in AI and connectivity are opening up new opportunities to enhance autonomous shipping, which will define the future of maritime operations.”
