Smart Ship Hub, a Singapore-based provider of a B2B (SaaS) maritime digital platform, raised a pre-series round of $ 2.5 million.
The round was led by Ideaspring Capital and StartupXseed ventures.
The company intends to use the funds to continue to expand operations and its business reach.
Company: Smart Ship©
Raised: $2.5M
Round: Pre-Series A
Funding Month: July 2022
Lead Investors: Ideaspring Capital and StartupXseed ventures
Additional Investors:
Company Website: http://smartshiphub.com/
Software Category: Maritime Digital platform
About the Company: Led by Joy Basu, Founder, Smart Ship Hub is a cloud-based digital platform for global maritime logistics, which caters to merchant ships, naval ships, oil rigs, river-going barges, and fishing vessels. The system is helping predict possible machinery downtime, and malfunctioning, and identify performance deviations, and vessel routes to improve voyage and vessel performance. As demand for maritime digitalization increases for managing performance, compliance-reliability, and predictability: Smart Ship Hub (SSH) becomes the platform of choice for globally leading vessel owners, operators, and classification societies. Here is a brief snapshot of the SSH digital platform: Smart Ship© Hub (SSH) is ready to deploy a cloud-based platform to help manage: Vessel & fleet performance, Fuel utilization, Compliance, Maintenance through the condition and health monitoring, Charter Party terms CII ratings and host of other features. The digital platform is being used by globally leading vessel owners, operators, charter parties, and insurers to enable on-demand actionable intelligence in areas of Vessel & Voyage optimization.
Source: https://www.finsmes.com/2022/07/smart-ship-hub-raises-2-5m-in-pre-series-funding.html