# Global Spatial Technology Solutions

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/global-spatial-technology-solutions

- Industry: Software
- Headquarters: Dartmouth, Canada
- Website: www.gsts.ca/
- Total disclosed funding: $10M
- Latest round: Series A (Aug 28, 2024)
- Investors on record: 4

## About

Based in Nova Scotia, Canada, and founded in 2005 by co-founder CEO Richard Kolacz, Global Spatial Technology Solutions Inc. operates as a provider of the Ociana system, an intelligent maritime solution that helps in real-time tracking and analysis of the movement and safety of vessels, which can help in decision-making. In August 2024, Global Spatial Technology Solutions Inc. raised CAD 11 million in Series A funding led by Fonds de solidarité FTQ, with participation from Export Development Canada.

The company provides a digital intelligence platform that offers decision-making insights to maritime stakeholders. The platform services include real-time visibility, improved predictability, and integrated intermodal operations. Moreover, the firm offers solutions such as OCIANA Risk Manager, OCIANA Port Optimiser, OCIANA Terminal Optimiser, and OCIANA Vessel Optimiser. Additionally, the firm also provides services such as compliance reporting, risk assessment, and interagency coordination.

The company plans to use its proceeds from August 2024 funding to accelerate the international commercialization of its AI-powered platform, OCIANA, in the EMEA and APAC regions.

## Funding rounds

- Series A, Aug 28, 2024, $8.2M — Export Development Canada, Fonds de solidarite FTQ
- Seed, Mar 27, 2019, $2M — Invest Nova Scotia, Fonds Ecofuel

## Investors

- Invest Nova Scotia — Seed
- Fonds Ecofuel (https://capitalatlas.ai/funds/fonds-ecofuel) — Seed
- Export Development Canada — Series A
- Fonds de solidarite FTQ (https://capitalatlas.ai/funds/fonds-de-solidarite-ftq) — Series A