Maritime startup Captain’s Eye receives $4 million investment from SixAI
Maritime startup Captain’s Eye receives $4 million investment from SixAI
The company, founded in 2020, developed an AI-based system that detects unusual events on ships in real-time, preventing property, physical, and financial damage that might occur at sea
Captain’s Eye, a maritime AI company that has developed an advanced safety, security, and management system to identify and alert real-time events on ships, has received a $4 million investment from SixAI, founded by Ran Poliakine. Founded in 2020, Captain’s Eye has developed an AI-based system that detects unusual events on ships in real-time, preventing property, physical, and financial damage that might occur at sea.
“We are pleased to announce today the completion of our strategic investment in Captain’s Eye,” said Ran Poliakine, SixAI’s Founder. “The company’s platform and expert team are a significant addition to SixAI’s AI-based service and product offering, and opens new and relevant markets to SixAI, enabling us to provide our global partners with solutions to their burning needs.”
Its system can identify and alert issues in all types of vessels such as smoke and leakage, security breaches, unsafe crew behavior, or anomalies. The strategic investment follows the signing of a partnership between SixAI and the Israeli Aerospace Industries in October 2021 to convert military technology to commercial deployments to address market needs. The system is based on the infrastructure of cameras that monitor ships 24/7. The company has a strategic partnership with XT Shipping, as well as a pilot at the Ashdod Port in Israel.
“Our partnership with SixAI is the right thing at the right time for Captain’s Eye,” said Uri Ben-Dor, Captain’s Eye’s CEO. “We welcome SixAI’s decision to join the company as a strategic investor. The investment will enable us to expand our activity to additional markets and offer our unique technology to additional segments in the maritime world. Our pilot with Ashdod Port proves that our system is extremely relevant to various customers in their effort to prevent accidents and severe environmental pollution.”
Captain’s Eye is headquartered in Haifa, Israel, and was founded by Col. (Res.) Uri Ben-Dor and Col. (Res.) Doron Oizerovich. SixAI specializes in developing and commercializing advanced technologies that combine optics, edge computing, and AI.
SixAI represented by Advs. Ian Rostowsky and Nadav Samorai from Amit Pollak Matalon & Co.
