Awake.AI

Overview
News
Shipping Tech?
Product stageSegments
Early
?
Smart ports and terminals
?

Awake.AI is a Finnish software platform company focused on developing artificial intelligence (AI) and machine learning (ML) models to optimize cargo flow through ports, reduce waiting times, and decrease emissions. The company's flagship product is the Smart Port as a Service solution, which provides a real-time overview and collaboration platform for maritime stakeholders such as port authorities, terminal and ship operators, and cargo owners.

Awake.AI's platform utilizes data from vessels, ports, and land logistics to create holistic situational awareness throughout the maritime supply chain. It offers features like vessel tracking, port and berthing information, warehouse and storage monitoring, and truck transport details. The solution incorporates AI-driven predictions, prescriptions, and simulations to enable accurate estimated times of arrival (ETAs), recommended times of arrival (RTAs), and estimated times of departure (ETDs). This helps optimize fleet utilization, resource allocation, and fuel consumption, ultimately leading to increased operational efficiency and reduced emissions.

In June 2023, Awake.AI launched its Smart Port Marketplace, a digital trading platform for buying and selling port services and products. This marketplace automates transactions and incorporates machine learning to suggest purchases based on analytics and purchase history.

Awake.AI was established in October 2018 with the mission of transitioning maritime logistics toward sustainability and intelligence, aiming to reduce global shipping emissions by 10% by 2030 through ecosystem partnerships. The company has received recognition, including the Frost & Sullivan Entrepreneurial Company Award in Maritime Logistics in 2021 and being selected as a National Growth Engine by Business Finland.


Sources

Disclaimer: This company profile has been generated using data obtained through automated web searches and advanced generative AI technology. While we strive to ensure the accuracy and reliability of our sources, auto-generated information could be outdated or inaccurate and should be verified independently.
HQ location:
Datacity, Lemminkäisenkatu 14-18C Turku, Finland Turku FIN
Founded year:
2018
Employees:
11-50
IPO status:
Private
Total funding:
-
Last Funding:
-
Last valuation:
-
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