Making a Splash! 6 maritime tech startups investors should watch out for
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About 71% of the earth’s surface is water, and approximately 80% of global trading is conducted via sea. Also the global ocean economy is expected to reach $3 trillion in value by 2030, doubling its worth within two decades. And still, compared to the number of startups in other sectors, the maritime tech territory seemed mainly untapped up until a few years ago. It’s exciting to see the rapid growth in this field, as more and more companies dare to test the water and offer innovative solutions in the maritime space.
We are closely watching this arena and are constantly amazed at the growth and maturity levels reached by some companies, even relatively young ones. As such we wanted to share some of our insights around interesting startups in this space. The following list includes a few promising and achieving startups that sail the sea of opportunities that is maritime tech. To give you a wide as possible perspective, we have examined each startup’s core mission and technology, what we believe makes it unique, and gave a few business info nuggets on each. So, let’s start, anchors aweigh!
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