# Nexus Ocean AI

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

- Industry: Software
- Headquarters: Singapore, Singapore
- Website: www.nexusocean.ai/
- Total disclosed funding: $0.4M
- Latest round: Angel (Aug 19, 2024)
- Investors on record: 1

## About

Based in Singapore, Nexus Ocean AI provides AI-driven solutions that enhance operational efficiency and decision-making for the maritime industry, utilizing advanced analytics to mitigate challenges faced by maritime organizations.Founded in 2023 in Singapore, Nexus Ocean AI focuses on delivering innovative technology solutions to the maritime sector. The company recently raised USD 400,000 in ANGEL funding from Tradeworks.vc on August 19, 2024. Nexus Ocean AI has accomplished one deal to date and operates without any known subsidiaries or parent companies.Nexus Ocean AI specializes in providing AI-driven solutions for the maritime industry. Their main offerings, SeAMate, Savitar, and Sage, function as bespoke AI assistants designed to optimize decision-making and enhance productivity within maritime organizations by alleviating administrative burdens. The company serves clients such as shipping companies, logistics providers, and port operators across North America, Europe, and Asia-Pacific.Nexus Ocean AI operates a B2B model, offering its solutions on a subscription-based pricing structure. Clients engage with the company under annual or multi-year contracts that include tailored implementations of their AI products, which cover SeAMate, Savitar, and Sage. Revenue is supplemented by strategic partnerships and participation in industry programs, enhancing visibility and client acquisition efforts.Nexus Ocean AI plans to utilize the recent ANGEL funding of USD 400,000 to support the development of new products aimed at enhancing their service offerings. The company is targeting expansion into new geographical markets, with a focus on deepening their presence in Europe and Asia-Pacific by the end of 2025. Recent funding will facilitate product innovation and market entry efforts as part of their strategic growth initiatives.

## Funding rounds

- Angel, Aug 19, 2024, $0.4M — Tradeworks.vc

## Investors

- Tradeworks.vc (https://capitalatlas.ai/funds/tradeworks-vc) — Angel