# Ceto AI

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/ceto-ai

- Industry: Software
- Headquarters: Newcastle upon Tyne, UK
- Website: www.ceto.ai
- Total disclosed funding: $6.6M
- Latest round: Seed (Apr 10, 2025)
- Investors on record: 9

## About

Founded in 2020 and based in Newcastle upon Tyne, UK, CetoAI Limited operates as a transportation service that engages in maritime analytics solutions. The company was founded by its CEO, Tony Hildrew. In April 2025, CetoAI Limited raised USD 4.8 million in seed funding led by new investor Dynamo Accelerator and Fund, with participation from other new investors Signal Ventures and Motion Ventures. Returning investors Howden and Chaucer Group Limited also participated in the round. The company provides CetoAI, which offers a comprehensive suite of services that harness under-utilized data streams to unlock substantial cost benefits. The firm’s primary product, a data capture device that integrates with existing onboard sensors on vessels, enables the extraction and utilization of previously untapped data streams. CetoAI employs end-to-end encryption, which ensures secure data transfer and storage. The company’s key offerings include its predictive maintenance system. In addition, the firm’s expertise extends to optimizing vessel performance by leveraging the data collected daily from each vessel. CetoAI also provides comprehensive analyses of fuel consumption, emissions, and machinery indicators through its insightful dashboards. These analyses empower clients with informed decisions on enhancing vessel and fleet performance. The company’s partners include MongoDB, Microsoft, Nvidia, Tokio Marine Kiln, Llyod’s Lab, and others. The company will use the April 2025 funding for further research and development.

## Funding rounds

- Seed, Apr 10, 2025, $4.8M — Signal Ventures, Chaucer Group Limited, Dynamo, Motion Ventures, Howden Ventures
- Seed, Aug 11, 2023, $1.8M — Chaucer Group Limited, Founders Factory, Howden, Business Investors Group, Bip Group

## Investors

- Chaucer Group Limited — Seed
- Founders Factory (https://capitalatlas.ai/funds/founders-factory) — Seed
- Howden — Seed
- Business Investors Group — Seed
- Bip Group — Seed
- Signal Ventures (https://capitalatlas.ai/funds/signal-ventures) — Seed
- Dynamo — Seed
- Motion Ventures (https://capitalatlas.ai/funds/motion-ventures) — Seed
- Howden Ventures (https://capitalatlas.ai/funds/howden-ventures) — Seed