{"id":9204,"date":"2025-09-08T06:05:07","date_gmt":"2025-09-08T06:05:07","guid":{"rendered":"https:\/\/www.newsbeep.com\/nz\/9204\/"},"modified":"2025-09-08T06:05:07","modified_gmt":"2025-09-08T06:05:07","slug":"starboard-maritime-raises-23m-to-expand-ai-ocean-security-tech-globally","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/nz\/9204\/","title":{"rendered":"Starboard Maritime raises $23m to expand AI ocean security tech globally"},"content":{"rendered":"<p class=\"VYEVUgvTMz\" style=\"display:none\">\u201cThis investment enables us to extend that reach globally, set the benchmark for real-time maritime intelligence, and help our partners make faster, better-informed, and more secure decisions,\u201d CEO Trent Fulcher said.<\/p>\n<p class=\"VYEVUgvTMz\" style=\"display:none\">The company said the capital raise would also brings new expertise to its executive team. <\/p>\n<p class=\"VYEVUgvTMz\" style=\"display:none\">\u201cKing River\u2019s Jonty Kelt has been appointed chair, and Vu Tran joins the board alongside Craig Mawdsley, Nick Fogarty and Trent Fulcher.<\/p>\n<p class=\"VYEVUgvTMz\" style=\"display:none\">\u201cThey bring a wealth of knowledge in defence, intelligence and global technology businesses.\u201d<\/p>\n<p class=\"VYEVUgvTMz\" style=\"display:none\">Starboard added: \u201cAmid escalating maritime security risks, including undersea cable sabotage, illegal marine activity and contested trade routes, Starboard delivers the next generation of maritime domain awareness.\u201d<\/p>\n<p class=\"VYEVUgvTMz\" style=\"display:none\">The company <a href=\"https:\/\/www.nzherald.co.nz\/business\/security-start-up-starboard-maritime-intelligence-raises-5m-tools-up-for-ai\/V6HRCP5WIRDNRGM6NG2O7MTPOM\/\" target=\"_self\" rel=\"nofollow noopener\" title=\"https:\/\/www.nzherald.co.nz\/business\/security-start-up-starboard-maritime-intelligence-raises-5m-tools-up-for-ai\/V6HRCP5WIRDNRGM6NG2O7MTPOM\/\">used satellite imagery, radar, oceanographic and autonomous sensors <\/a>to detect suspicious activity, highlight risks to subsea infrastructure and issue real-time alerts.<\/p>\n<p class=\"VYEVUgvTMz\" style=\"display:none\">Starboard said it was operating in more than 30 countries, protecting more than 840,000km of <a href=\"https:\/\/www.nzherald.co.nz\/world\/undersea-cable-between-sweden-and-latvia-damaged-suspect-vessel-identified\/I4MEK2ELAVFEJEJLND4YJDIMPE\/\" target=\"_self\" rel=\"nofollow noopener\" title=\"https:\/\/www.nzherald.co.nz\/world\/undersea-cable-between-sweden-and-latvia-damaged-suspect-vessel-identified\/I4MEK2ELAVFEJEJLND4YJDIMPE\/\">undersea cables<\/a>.<\/p>\n<p class=\"VYEVUgvTMz\" style=\"display:none\">It said its technology blended satellite, sensor and contextual data with proprietary AI to deliver real-time maritime insight. <\/p>\n<p class=\"VYEVUgvTMz\" style=\"display:none\">Earlier adopters in New Zealand included Customs, MPI, NZTA Waka Kotahi and the Department of Conservation, as well as various clients in Australia and the Pacific Islands.<\/p>\n<p class=\"VYEVUgvTMz\" style=\"display:none\">In April last year the company raised $5m in seed funding.<\/p>\n<p class=\"VYEVUgvTMz\" style=\"display:none\">At that time, Starboard told the Herald it offered clients a unique mix of real-time information about a ship.<\/p>\n<p class=\"VYEVUgvTMz\" style=\"display:none\">That could include a vessel making an unsanctioned port call or taking a shortcut through pirate-infested waters, and combining that information with a five-year history, building a pattern for a vessel\u2019s behaviour.<\/p>\n<p class=\"VYEVUgvTMz\" style=\"display:none\">Starboard today thanked outgoing chair Maria King and early investors Soul Capital and Invest South for their foundational contributions to the company.<\/p>\n","protected":false},"excerpt":{"rendered":"\u201cThis investment enables us to extend that reach globally, set the benchmark for real-time maritime intelligence, and help&hellip;\n","protected":false},"author":2,"featured_media":9205,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[20],"tags":[11597,365,363,364,9852,11598,11600,11595,1132,111,139,69,11599,2081,11596,312,2437,11594,1037,370,145,61,52],"class_list":["post-9204","post","type-post","status-publish","format-standard","has-post-thumbnail","category-artificial-intelligence","tag-23m","tag-ai","tag-artificial-intelligence","tag-artificialintelligence","tag-based","tag-expand","tag-globally","tag-maritime","tag-million","tag-new-zealand","tag-newzealand","tag-nz","tag-ocean","tag-raised","tag-raises","tag-says","tag-security","tag-starboard","tag-startup","tag-tech","tag-technology","tag-to","tag-wellington"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/9204","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/comments?post=9204"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/9204\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media\/9205"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media?parent=9204"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/categories?post=9204"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/tags?post=9204"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}