Around 90% of goods are traded over the sea, but the maritime industry has been somewhat left behind by the digital transformation that has swept through land-based logistics and most other industries. However, this situation is starting to change. One company helping to reshape the maritime sector is Flagship Founders, a venture studio focused on supporting startups seeking to disrupt the shipping industry.
Flagship Founders provides significant support in industry expertise and investment to founders with ideas that can move the industry forward, helping them achieve product/market fit and build successful, scalable products. To date it has launched four startups: Kaiko, a shipping fleet management system which has achieved 50% gains in efficient operations, Tilla, a platform for optimizing crew changes, zero44, providing carbon emission reduction software to the shipping industry, and Arinto, an arrival scheduling system for increasing efficiency and reducing pollution in ports.
Flagship Founders recently closed a seed funding round which was led by F. Laeisz, a major shipping, trade and insurance group. It will use this capital to build out its team and to continue to support its portfolio of startups. As the maritime industry moves to adopt digital improvements to its operations to drive efficiency and cut waste, Flagship Founders is in an excellent position to bring the digital revolution to a sector in need of change.
Steph
Company Specialist at Welcome to the Jungle