The Refiners
169 11th St, San Francisco, CA, 94103, United States
Overview
Founded by entrepreneurs, The Refiners is a San Francisco-based Seed Fund Program devoted to helping world-class entrepreneurs thrive in the bountiful yet complicated environment of Silicon Valley. The Refiners is passionate about the needs of international startups and believe they are different enough to warrant a program specifically for them. Over a three-month period, startups usually receive funding, networking, and mentorship opportunities in Silicon Valley. The Refiners’ aim is to equip start-ups with the tools necessary to expand your startup’s vision and scale globally. The Refiners is committed to providing start-ups with unparalleled support, guidance, and expertise.
- Total investments
- 1
- Lead investments
- 0
- Investments · 12mo
- 0
- Active investors
- 8
Sector focus
- Asset Management
- Business Development
- Financial Services
Investment portfolio
- Shone
Participated · Equity · Jun 2018
Shone develops autonomous technologies for container ships aimed at assisting seafarers and improving ship efficiency rather than creating fully unmanned vessels. Its system primarily hooks into existing ship sensors, combines disparate data streams, and provides situational awareness and navigation assistance. The startup is retrofitting ships and is already working with a shipping company, and has signed a partnership with CMA CGM to collect data and add hardware devices. Shone plans to progress from situational awareness to recommending routes to save fuel and time, targeting fuel-efficiency gains with large environmental impact. The company attended Y Combinator and recently raised a $4 million round from investors including Alven, Liquid 2, Paul Graham, David Marcus, D. Scott Phoenix and The Refiners. For now the product focuses on deep-sea operations and incremental navigation-assistance features that could reduce the crew needed for continuous watch duties.