Weather Intel Company MarineLabs Nets $4.5 Million in Seed Funding

Weather Intel Company MarineLabs Nets $4.5 Million in Seed Funding

Maritime weather intelligence technology company MarineLabs has secured $4.5 million in a round of seed funding, allowing the to advance the development and market reach of its flagship CoastAware real-time weather data product, the British Columbia-based company announced March 13. BDC Capital’s Sustainability Venture Fund led in the funding, with participation from Seaspan Shipyards. “MarineLabs’ innovated-in-BC technology aligns with Seaspan’s vision to build a sustained, long-term marine industry in BC and Canada,” Seaspan Senior Vice President of Strategy, Business Development and Communications Dave Hargreaves, said. Pairing “real-time data from its continent-wide fleet of coastal sensor units with advanced data processing,”…
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Canadian Tech Company Unveils ‘BuoyCam’ Navigation Aid

Canadian Tech Company Unveils ‘BuoyCam’ Navigation Aid

There’s now new ocean technology available that could help mariners better navigate the ocean by visually assessing its conditions. British Columbia startup MarineLabs Data Systems has introduced a BuoyCam service that gives subscribers “360-degree, real-time views” of the ocean by using images from sensors situated along coastlines, the company announced May 17. Paired with other MarineLabs data, users can get access to the images using MarineLabs’ CoastAware platform on a desktop or smartphone and selecting the camera icon for a specific buoy to see 360-degree images from that location. The info is refreshed in CoastAware every 15 minutes. The BuoyCam…
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