6 marine technology startups and companies in SEE to watch in 2022

Digital innovations and solutions are increasingly used in the maritime industry, with the marine and shipping management software market increasing. projected worth almost 2.5 billion euros by 2026. While Greece is a maritime country superpower and ranks fourth in the world in terms of the number of ships, other countries in our region, such as Croatia, are emerging as important players in the maritime industry.

Here is a list of 6 marine technology startups and companies, founded in the SEE region, to watch in 2022:

• Molo – a Serbian startup whose cloud-based management software helps marinas organize their customers, berths and boat management. The company’s technology helps maritime businesses reduce administrative burdens while increasing revenue. Founded in 2019, Molo is one of South Central Venture’s portfolio companies. Recently, the startup was acquired by Storable, a Texas-based self-storage software and technology provider. Molo’s future plans include leveraging the Storable model to create a powerful suite of products in the maritime industry.
• Sea fair – Greek maritime recruitment platform is another exciting startup from the region, launched last year with the mission of matching crew members and ships using matching algorithms. The startup’s maritime crewing tool combines data, technology and field operations across the maritime world. This month, Seafair announced it had raised €5 million in an investment round led by US VC firm General Catalyst. According to the company’s founder, Agapitos Diakogiannis, living and functioning Perhaps it was Greece, one of the world’s shipping superpowers, that had the greatest influence in moving into the shipping industry.
• Marina Master, is a Slovenia-based company that provides all-in-one marina management solutions to create a more efficient and profitable marina. The company has over 29 years of experience and its cloud-based platforms are used by marina owners, managers, staff and boaters alike. Primarily focused on customer relationship management (CRM), the company’s software core functions include customer matching tools, automated contract renewals and graphical overviews of past, current and future marina occupancy. Over the past decade, the company has been expanding its cloud-based software products. and has been present in the American market since 2017, becoming one of the major marine and maritime management software providers.
• Marinacloud is a Croatia-based software company, founded in 1998, which develops marina management software with the aim of modernizing the marina business and adapting it to new market trends. The company’s products not only provide management and monitoring of marina usage, but also provide marinas with the tools needed to interact with their customers. The Croatian company uses Oracle Cloud technology to provide a reliable software service that helps users manage their marina more efficiently at lower cost. costs. Its products are used by major marinas in Croatia, Montenegro and France.
• Deep sea technologies is another maritime startup from Greece, founded in 2017. The startup develops an AI SaaS (Software as a Service) platform that monitors ships and provides real-time operational data to shipowners. AI technology provides additional insights into improving various aspects of vessel performance. In July 2021, the company announced that it raised 5 million euros in financing from existing and new investors. The company plans to use the funds and further develop its product, as well as focus on expansion, primarily in Asia. The latest investment round was led by Japanese company Nabtesco Technology Venture, while last year DeepSea Technologies also managed to raise €3 million in a Series A round led by the fund UK-based investment firm ETF Partners.
• ShipReality is a Greek technology startup, whose mixed reality (MR) design automation software facilitates a greener energy transition, automated assisted operations and optimized ship design. The company’s solutions have help shipowners reduced their costs by 50% and facilitated remote training and monitoring during the pandemic. The Greek startup also plans to develop an application for its 3D pathfinding algorithm, and to explore other sectors, such as maritime offshore.