Orca AI, a maritime tech startup founded in Israel, has raised $72.5 million in Series B funding for its artificial intelligence platform and plans to expand into new areas like defense and maritime security. It brings the company’s total capital raised to $111 million.
The funding round was led by growth equity firm Brighton Park Capital, with continued support from Ankona Capital and Hyperlink Ventures.
Earlier investors OCV Partners and Mizmaa Ventures also played a role in the company’s previous funding stages.
Orca AI, founded in 2018 by former Israeli Navy officers Yarden Gross and Dor Raviv, is focused on bringing artificial intelligence to the traditionally conservative shipping industry.
The company has developed a platform that enhances ship navigation using computer vision and machine learning. So far, it has been installed on over 1,200 commercial vessels.
Orca AI’s system is powered by a vast visual database, said to be the largest in the maritime
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