Maritime Collision Prevention Startup Orca AI Raises $2.6 Million
Summary
Tel Aviv-based maritime navigation startup Orca AI Ltd. has announced Thursday the completion of a $2.6 million seed investment round led by Tel Aviv-based venture capital firm MizMaa Ventures. Israel-based maritime startup accelerator The Dock Innovation Hub also participated, as did U.K.-based marine shipping company Ray Car Carriers Ltd.Orca develops a sensor-based imaging technology designed to prevent collisions between maritime vessels. Orcas technology is installed on several Ray Car vessels as part of a pilot program. The company was founded in 2018 by CEO Yarden Gross and CTO Dor Raviv, both veterans of technological units of the Israeli navy.
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