Next Ocean, a pioneer in Vessel Motion Radar technology, has secured Seed Investment from Arches Capital to accelerate its expansion and enhance maritime safety. This funding will enable the company to scale production, enter new markets, and further develop its predictive radar technology.
Next Ocean’s radar systems provide real-time insights into wave-induced vessel motions, allowing offshore operators to anticipate conditions up to three minutes ahead. This capability improves safety and efficiency in the Offshore Wind and Oil & Gas industries by reducing operational risks and maximizing uptime, even in harsh conditions.
With the support of Arches Capital and its network of experienced entrepreneurs, Next Ocean aims to strengthen its global presence and solidify its leadership in maritime safety technology.
Karel Roozen, CEO of Next Ocean, stated: “This partnership reinforces our commitment to the offshore industries. With Arches Capital’s backing, we can expand our reach and bring our life-saving technology to operators worldwide.”
Frank Appeldoorn, Managing Partner at Arches Capital, added: “Next Ocean’s predictive radar technology is reshaping offshore safety. We are excited to support their growth and bring this innovation to more maritime professionals.”
