MarineLabs Data Systems Inc. is a technology company.
MarineLabs Data Systems Inc. has raised $3.0M across 1 funding round.
MarineLabs Data Systems Inc. has raised $3.0M in total across 1 funding round.
MarineLabs Data Systems Inc. has raised $3.0M in total across 1 funding round.
MarineLabs Data Systems Inc.'s investors include Audrey Capital, BDC Venture Capital, Bond, BoxGroup, Founder Collective, iNovia Capital, Jump Capital, MATH Venture Partners, Precursor Ventures, Greg Kidd.
MarineLabs Data Systems Inc. is a Victoria, British Columbia-based coastal intelligence company that builds AI-powered meteorological platforms delivering high-resolution, real-time wind, wave, weather data, and forecasts from a North America-wide sensor network.[1][2][4] It serves maritime operators including port authorities, marine pilots, ferries, tugs, and coastal engineers, solving critical problems like unsafe navigation, operational downtime, and climate vulnerability by enabling smarter decisions, enhancing safety, and optimizing efficiency.[1][2] Key products include CoastAware for hyper-local weather intelligence and forecasting, CoastInsights for customizable historical data reports, and BerthWatch for real-time berth depth monitoring.[1][2] The company raised $4-4.5 million in seed funding in 2024 from BDC Capital’s Sustainability Venture Fund, InBC, and Seaspan Shipyards to expand its sensor network and go-to-market efforts, already active in four of Canada’s five largest ports with strong growth momentum.[2][4][5]
Founded in 2017 in Victoria, B.C., MarineLabs emerged to address gaps in maritime weather intelligence using rugged, cloud-connected sensors for unprecedented hyper-local data.[1][2] A pivotal early moment came in November 2020 when its network captured a record 17.6-meter rogue wave near Ucluelet, B.C.—the largest ever recorded—demonstrating the reliability and value of its technology for real-world safety applications.[1] This built early traction, leading to expansion across North American coastlines and funding to scale AI-driven products like CoastAware.[2][4]
MarineLabs rides the wave of AI-driven climate tech and maritime digitalization, capitalizing on rising demands for resilient infrastructure amid intensifying storms and net-zero transitions.[2][4] Perfect timing aligns with global port electrification, sustainability mandates, and post-pandemic supply chain scrutiny, where high-resolution coastal data reduces risks and emissions—already active in key Canadian ports with North American expansion.[1][2] It influences the ecosystem by setting benchmarks for sensor-AI fusion in hard-to-instrument environments, aiding regulators, insurers, and operators in building climate-adaptive coastlines.[1][2]
MarineLabs is poised for rapid scaling with fresh seed capital fueling sensor growth and product enhancements like advanced CoastAware forecasting.[2][4] Trends in AI weather modeling, autonomous shipping, and green ports will amplify its edge, potentially capturing international markets as climate events escalate. Its influence could evolve from regional innovator to global standard-setter in maritime intelligence, powering safer, sustainable seas—transforming raw coastal data into the backbone of informed decisions, just as it did with that record rogue wave.[1][2]
MarineLabs Data Systems Inc. has raised $3.0M across 1 funding round. Most recently, it raised $3.0M Seed in March 2024.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Mar 1, 2024 | $3.0M Seed | Audrey Capital, BDC Venture Capital, Bond, BoxGroup, Founder Collective, iNovia Capital, Jump Capital, MATH Venture Partners, Precursor Ventures, Greg Kidd |