Nautilus announced $11M in Series A funding led by M12, Microsoft’s venture fund, along with Root Ventures. Existing and new investors including Quiet Capital, Trail Mix, and Amplifier Lab participated in the round, which brings Nautilus’ total funding raised to $14.5M. Nautilus is building artificial intelligence to advance the efficiency of ocean commerce.
How can our clients be confident that high frequency data outputted by sensors on their vessel is accurate? At Nautilus Labs, we’ve generated custom, vessel-specific mathematical models based off of troves of historical sensor data to not only predict future vessel behavior, but also to understand current vessel behavior and sensor data.
Usability and experience should be the cornerstone of every technology. How many times have you been on the receiving end of software services only to encounter an interface that is overly complicated or a user flow that is counter intuitive to your pre-existing processes and workflows? At Nautilus Labs, we seek to circumvent these issues via human-centricity.
Noon data is a lagging indicator characterized by high potential for human error due to manually observed and reported average values. Nautilus Platform collects high frequency data automatically from ship to shore with the goal of generating accurate historical, real-time, and predictive insights. Check out our infographic to see how our platform compares to standard noon reports.
Understanding ship location and route is fundamental to successful maritime operations. Defective GPS data can negatively impact maritime decision-making. At Nautilus Labs, we want our clients to trust all the data displayed and have confidence in the insights our platform provides. We implement proprietary techniques like Dead Reckoning on behalf of our clients to detect, measure, and, if possible, correct for this kind of systematic error.
Nautilus Labs attended this year’s SMM in Hamburg, the international trade fair for Shipbuilding, Machinery and Marine technology. The conference welcomed over 50,000 visitors from more than 120 countries. 2,289 exhibitors from 169 nations covered 13 halls and a total of 93,000 sq.m (1,001,044 sq.ft) demonstrating their products and services.
More and more sources have reported on contaminated bunker recently. Nautilus Labs built a platform that enables owner-operators to monitor main engine performance in real-time. Nautilus Platform shows automated SFOC and consumption data 24/7 and helps you to avoid the worst bad bunker events which means the vessel would ultimately stop unplanned in the middle of the ocean.
Nautilus Labs is driving significant fuel efficiency in the maritime industry. Leveraging vessel-specific machine learning algorithms based on high frequency data, Nautilus Platform outputs a more accurate and efficient dynamic speed instruction that incorporates actual real-time vessel speed and consumptions patterns, forecasted weather, and opportunity cost of vessel re-marketing (among other factors).