# Portchain

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

- Industry: Software
- Headquarters: Copenhagen, Denmark
- Website: www.portchain.com
- Total disclosed funding: $5M
- Latest round: Seed (Jan 12, 2024)
- Investors on record: 2

## About

Based in Copenhagen, Denmark, and founded in 2017 by co-founders Niels Kristiansen, Anders Olivarius, and Thor Thorup, Portchain ApS is a provider of digital solutions for optimizing berth alignment processes for terminals and carriers in the maritime industry. In February 2024, Portchain ApS raised USD 5 million in seed funding led by investor Angular Ventures, with participation from investor MK Ventures.


Portchain offers Portchain Connect, a comprehensive platform that facilitates digital handshake communication between terminals and carriers. The solution provides real-time insights, automated notifications, and seamless integration with terminal operating systems and carrier systems. The platform offers features such as alignment indicators for vessel calls, embedded AIS tracking of vessels, vessel call change logs and notifications, and structured communication channels. These features enable carriers to stabilize vessel schedules, reduce waste, and enhance operational transparency. Similarly, terminals benefit from improved planning decisions, accurate move counts, and integration with terminal operating systems. In addition to Portchain Connect, the company offers Portchain Quay, which facilitates real-time sharing of data, enables terminals to streamline planning processes, reduces reliance on manual spreadsheets, and improves asset efficiency. Its features include scenario planning, ETA tracking, crane planning, workload predictions, and more. The company emphasizes easy deployment, requiring zero onsite installation for implementation. Portchain assists the client in reimagining their operational processes for enhanced efficiency and collaboration. The firm provides comprehensive support, including change management and 24/7 customer service.
 
The company plans to use the February 2024 funding for a recruitment drive, further develop products, and improve existing services.

## Funding rounds

- Seed, Jan 12, 2024, $5M — Angular Ventures, MK Ventures

## Investors

- Angular Ventures (https://capitalatlas.ai/funds/angular-ventures) — Seed
- MK Ventures (https://capitalatlas.ai/funds/mk-ventures) — Seed