Hefring Marine builds a hardware-enabled Software-as-a-Service platform that uses Machine Learning and IoT to give vessel operators decision-making support and monitoring insights for safety, fuel efficiency, and maintenance planning. The company serves multiple maritime segments including search and rescue, defence, crew transfer, fishing, piloting, and tourism and leisure. Its team combines software, mechanical and electrical engineering, condition and vibration monitoring, Machine Learning and AI, plus boat building, business development and product teams. Hefring positions itself to enable an intelligent future fleet capable of safer, more efficient, and more autonomous operations. The startup plans geographic expansion, including opening an office in Portugal, funded in part by a recent investment. The new funding will also support expansion into other markets and further development of its IMAS System.

Total raised

$2M

Funding rounds

1

Latest round

Equity

Latest activity

May 2024