Next Ocean, a Netherlands-based developer of Vessel Motion Radar technology, has partnered with Arches Capital and select angel investors to scale its operations. This technology allows for early decision-making in high-risk maritime operations by predicting wave-induced vessel motions three minutes in advance, enhancing safety and efficiency. CEO Karel Roozen emphasized the partnership’s significance for growth and the aim to make maritime operations safer globally. Arches Capital, described as bridging venture capital and angel investment, views Next Ocean’s technology as transformative for the offshore industry, further supporting its expansion.

Read the full article here