May 6, 2025:
Orca AI Raises $72.5M for Autonomous Ships - Orca AI, a London-based autonomous shipping technology firm, secured $72.5 million in its Series B funding, led by Brighton Park Capital, with contributions from Ankona Capital and Hyperlink Ventures. The company is expanding into defense contracts, leveraging AI for efficient and cost-effective naval operations.
The integration of Starlink enhances real-time data transmission, contributing to significant fuel savings and reduced collision risks. Founded in 2018, Orca AI aims to capitalize on the growing $11 billion autonomous navigation market by 2028.
