CargoMate Technologies

Overview
Shipping Tech?
Product stageSegments
Seed
?
Data analytics and sensor technologies
?

CargoMate Technologies developed a platform aimed at optimizing container ship operations while in port. Their core offering was a mobile application and device that enabled ships' crews to monitor and log cargo operations with greater speed and accuracy compared to traditional methods. By streamlining the cargo handling process, CargoMate's solution allowed container ships to depart ports earlier. This facilitated slower sailing speeds en route to subsequent ports, translating into substantial fuel savings for shipping companies. The company's innovative approach addressed a crucial aspect of maritime logistics, providing a technology-driven solution to enhance operational efficiencies and reduce costs within the industry.


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 While we strive to ensure the accuracy and reliability of our sources, auto-generated information could be outdated or inaccurate and should be verified independently.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:
2 Sheen Road Richmond Upon Thames GBR
Founded year:
2017
Employees:
1-10
IPO status:
Private
Total funding:
USD 760.7 k
Last Funding:
USD 670.2 k (Seed; Jun 2018)
Last valuation:
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Company profile
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