MarineLabs is a maritime weather intelligence company based in Victoria, Canada, founded in 2017 and led by CEO Dr. Scott Beatty. Its flagship product, CoastAware, is a real-time weather intelligence solution that provides detailed, actionable real-time and historical weather conditions. CoastAware is designed to enhance safety, efficiency, and sustainability in maritime operations by enabling informed decision-making. The company positions itself as a coastal intelligence provider whose data is transforming marine safety and helping to build climate-resilient coastlines. MarineLabs raised $4.5M in Seed funding and intends to use the proceeds to accelerate product development, expand market reach, and consolidate its position. The funding round brings strategic backing from maritime and sustainability-focused partners referenced in the article.

Total raised

$5M

Funding rounds

1

Latest round

Seed

Latest activity

Mar 2024