Zeabuz
Intelligent autonomous navigation solutions for the maritime industry.
- B2B
- saas
- manufacturing
- subscription
- commission
- transportation
- mobility
- autonomous & sensor tech
- computer vision
- machine learning
- artificial intelligence
- autonomous & sensor tech
- hardware
- deep tech
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | investor | €0.0 | round |
| investor | €0.0 | round | |
| investor | €0.0 | round | |
| investor | €0.0 | round | |
| investor | €0.0 | round | |
| investor | €0.0 | round | |
| investor | €0.0 | round | |
| investor | €0.0 | round | |
| investor | €0.0 | round | |
| N/A | €0.0 | round | |
* | €1.8m | Seed | |
| Total Funding | 000k | ||
| NOK | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|
| Revenues | 0000 | 0000 | 0000 | 0000 |
| % growth | - | 119 % | 18 % | 74 % |
| EBITDA | 0000 | 0000 | 0000 | 0000 |
| Profit | 0000 | 0000 | 0000 | 0000 |
| % profit margin | (6 %) | (147 %) | (125 %) | (88 %) |
| EV | 0000 | 0000 | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 | 0000 | 0000 |
Source: Company filings or news article
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Zeabuz is a Norwegian technology company specializing in autonomous navigation solutions for the maritime sector. Founded in 2019 as a spin-off from the Norwegian University of Science and Technology's (NTNU) research center for autonomous marine operations, the company leverages over a decade of research to develop its systems. The founders include Erik Dyrkoren (CEO), Dr. Øyvind Smogeli (CEO/CTO), and Henrik Stray (COO).
The company's core business is providing an "autonomy-as-a-service" platform for maritime vessels, particularly smaller ones. This business model involves offering a suite of adaptable software and hardware solutions, such as ZeaWatch and ZeaMate, that enable intelligent navigation, remote supervisory control, and ultimately, fully autonomous operations. The technology is designed to be modular and scalable, making it suitable for retrofitting existing vessels as well as integration into new designs. Zeabuz's systems use a combination of sensors, including radar, LiDAR, infrared cameras, and GPS, to achieve situational awareness and collision avoidance.
Zeabuz targets operators of ferries and workboats, aiming to enhance safety, efficiency, and sustainability. By enabling autonomous operations, the company helps address crew shortages, optimize vessel performance, and reduce operational costs. A significant focus is on urban water mobility, where the company has pioneered the world's first autonomous, electric-powered passenger ferries. One of its most notable achievements is the launch of the commercial autonomous ferry 'Estelle' in Stockholm in 2023, in partnership with the shipping company Torghatten. The company has also signed agreements for pilot projects in Haugesund, Norway, and in Canada, marking its entry into the North American market.
Zeabuz has secured seed funding from investors including Yinson Green Technologies, Statkraft Ventures, EIT Urban Mobility, and Katapult. These partnerships are strategic, allowing Zeabuz to integrate its technology into electric vessels and expand its reach into new markets like Singapore.
Keywords: autonomous navigation, maritime technology, autonomous vessels, urban water mobility, electric ferries, autonomy-as-a-service, situational awareness, remote vessel operation, collision avoidance, maritime software, intelligent navigation, workboats, passenger ferries, sustainable shipping, green technology, marine robotics, NTNU spin-off, zero-emission transport, smart cities, inland waterways