Singapore-based Nexus Ocean AI, which delivers genAI-native business efficiency solutions to address the unique challenges of the maritime sector, has secured US$400,000 in an angel investment from London-based Tradeworks.vc.
This marks Tradeworks. vc’s 16th investment in supply chain & logistics technology startups in just over three years.
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Nexus Ocean AI aims to eliminate “grunt work” by creating genAI personas, augmented by a Maritime Language Model, which interacts with knowledge graphs spanning the customer’s internal and external data silos, including mailboxes.
With Nexus Ocean AI, customers and their employees have all the organization’s knowledge and experience at their fingertips. They can then spend their time adding real value, like preventing accidents, focusing on customers, reducing costs, and ensuring business continuity.
Nexus Ocean’s genAI is deployed and trained on the customer’s own V-Net, providing unprecedented data privacy and security by design.
Tradeworks.vc is a small, specialized, and selective VC that invests in startups that develop and employ technology to solve big problems in global B2B supply chain & logistics markets.
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“There’s a huge talent gap in shipping, and the people we manage to attract and retain end up drowning in grunt work. It’s not uncommon to have to read over 1,000 emails per day to ensure no important information is missed. With Nexus Ocean, emails are summarised, prioritised, and replies are drafted, in multiple languages even. Complex processes like crew changes, maintenance plans and drydockings can be automated. Accidents can be managed correctly without delay, and the time saved spent on preventing future accidents. This single solution just solves so many big problems, and the customers love it,” said Niklas Holck, founder and CEO of Tradeworks.vc.
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