Participated · Equity · May 2025

Ceto is a Newcastle-Upon-Tyne, UK-based company that develops predictive analytics for the maritime industry. Its products aim to prevent machinery breakdowns, reduce carbon emissions, and deliver operational risk insights. The firm emphasizes technology, sustainability, and risk mitigation to help maritime professionals meet emerging challenges. Ceto serves a range of shipping customers, including Japanese operators, mid-sized Singapore-based firms, and a UK owner with a fleet of eight vessels. Led by CEO Tony Hildrew, the company intends to use new capital to expand operations and advance product development.