Interest in maritime startups exploded in 2018

Support for and interest in funding entrepreneurial companies in shipping grew significantly in 2018, states a new report from Rainmaking and Danish Ship Finance. The report names several of the new, important digital players.

Photo: Ritzau Scanpix/AP/Stephen B. Morton

The interest in funding entrepreneurship in the shipping industry continued to skyrocket last year, according to a report from innovation firm Rainmaking and Danish Ship Finance, which has examined 160 startups working on digitalization in the maritime sector.

Funding for the new initiatives grew significantly last year compared to previous years. The same is true for the number of funding rounds, according to the report.

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