Tech Company Financing Transactions
SeaVantage Funding Round
SeaVantage closed a $1.3 million financing round on 1/3/2023. Backers included BDC Labs, Bluepoint Partners and IBK Capital.
Transaction Overview
Company Name
Announced On
1/3/2023
Transaction Type
Venture Equity
Amount
$1,300,000
Round
Undisclosed
Proceeds Purpose
The company intends to use the funds for global expansion of its ocean visibility platform, product innovations, and partnership growth.
Company Information
Company Status
Private & Independent
Industry
Artificial Intelligence
Mailing Address
Nonhyeon Building 6F 500 Gangnam-daero,
Gangnam-gu, Seoul, 06119
KR
Gangnam-gu, Seoul, 06119
KR
Phone
Website
Email Address
Overview
We are a fast-growing start-up helping companies to transform their ocean supply chain with real-time and predictive visibility solutions. Top leading companies including Samsung SDS, POSCO, Hyundai GLOVIS, and Lotte Global Logistics utilize and trust our data solutions to optimize their maritime logistics and operations. Global supply chains were originally built on the premise of stability in ocean shipping. Although ocean freight transport takes up over 90% of global trade, visibility into knowing where containers are located and when they will arrive with precise ETA for each leg of the journey has been limited. Poor visibility in ocean freight has led to increased lead times, costs, and inefficiencies.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Gene Song
Chief Operating Officer
Ethan Kim
Chief Technical Officer
Dongil Park
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We do our best to document every notable VC transaction. All VC database entries reported here are sourced from a variety of public sources. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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