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Artemis Technologies - About the company

Artemis Technologies is a seed company based in Belfast (United Kingdom), founded in 2017. It operates as a Provider of maritime design and yacht racing solutions. Artemis Technologies has raised an undisclosed amount in funding from Gunvor Group, with a current valuation of £*****. The company has 21 active competitors, including 5 funded and 1 that has exited. Its top competitors include companies like Candela, Vessev Tech and Navier.

Company Details

Provider of maritime design and yacht racing solutions. The company has developed a range of simulator packages from desktop, to the full-motion platform, working with customers on bespoke hardware and software, to create the most accurate simulated environment. It also provides design and integration services.
Social
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Email ID
*****@artemistechnologies.co.uk
Phone Number
+44 **********
Key Metrics
Founded Year
2017
Location
Belfast, United Kingdom
Stage
Seed
Post Money Valuation
£***** as on Jun 23, 2022
Investors
Ranked
Employee Count
149 as on Mar 31, 2026
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Artemis Technologies's funding and investors

Artemis Technologies has raised funding over 3 rounds. Its first funding round was on Jun 25, 2020. Its latest funding round was a Grant (prize money) round on Sep 30, 2022 for $*****. 1 investor participated in its latest round. Artemis Technologies has 5 institutional investors and 4 angel investors.

Here is the list of recent funding rounds of Artemis Technologies:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Sep 30, 2022
7500476
Grant (prize money)
8729626
7309245
1084037
5029760
Dec 17, 2020
1637721
Seed
8021664
3190978
5782948
5363460
Jun 25, 2020
8746059
Grant (prize money)
5886898
1568542
2494272
6031136
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Artemis Technologies' founders and board of directors

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Here are the details of Artemis Technologies' key team members:

Artemis Technologies' Board of Directors

Artemis Technologies's board has 7 active members. Iain Percy is part of team and Torbjorn Tornqvist, Jonathan Theodore Nicols, Fredrik Gustaf Tornqvist, Kiera Ann Mcsorley, Shahb Richyal and Daniele Giugno are independent board members.
Here is the list of Artemis Technologies' board of directors:
Name
Type
Representing
Status
Duration
cequwcz
Team
-
Current
7y 4m
Independent board member
-
Current
5y 10m
kvaseem
Independent board member
-
Current
3y 8m
bo{insm
Independent board member
-
Current
2y 7m
wjltsyf
Independent board member
-
Current
3y 6m
lrhmrkd
Independent board member
-
Current
9y 6m
ddnfkrb
Independent board member
-
Current
6y 7m

Artemis Technologies' employee count trend

Artemis Technologies has 149 employees as of Mar 26. Here is Artemis Technologies's employee count trend over the years:
Employee count trend for Artemis Technologies
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Artemis Technologies's Competitors and alternates

Top competitors of Artemis Technologies include Candela, Vessev Tech and Navier. Here is the list of Top 10 competitors of Artemis Technologies, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Candela
Candela
2014, Stockholm (Sweden), Acquired
Manufacturer of hydrofoiling electric boats and ferries for water transport
$148M
71/100
2nd
Logo for Vessev Tech
Vessev Tech
Auckland (New Zealand), Series A
Developer of electric hydrofoiling vessels for passenger, hospitality, and tourism sectors
$19.2M
54/100
3rd
Provider of maritime design and yacht racing solutions
-
53/100
4th
Logo for Navier
Navier
2020, San Francisco (United States), Series A
Developer of electric propulsion systems and hydrofoils for recreational boating
$7.2M
48/100
5th
Operator of platform providing resources and guidance for career transition
-
32/100
6th
Logo for SeaBubbles
SeaBubbles
2016, Lyon (France), Funding Raised
Manufacturer of electric hydrofoil boats
-
28/100
7th
Logo for Quadrofoil
Quadrofoil
2011, Slovenska Bistrica (Slovenia), Series A
All-electric personal hydrofoiling watercraft
$4.76M
28/100
8th
Logo for ENAUTIC
ENAUTIC
2019, Perth (Australia), Unfunded
Developer of electric hydrofoil propulsion systems
-
-
27/100
9th
Logo for THE JET ZeroEmission
THE JET ZeroEmission
2021, Geneva (Switzerland), Unfunded
Manufacturer of electric hydrofoils
-
-
25/100
10th
Logo for Foilchemy
Foilchemy
2017, Gipuzkoa (Spain), Funding Raised
Manufacturer of electric hydrofoils
-
25/100
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Artemis Technologies's Investments and acquisitions

Artemis Technologies has made no investments or acquisitions yet.

News related to Artemis Technologies

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Media has covered Artemis Technologies for a total of 2 events in the last 1 year, 1 of them has been about company updates and 1 about partnerships.
•
Electric Foiling CTV Makes Waves at Vattenfall Wind FarmMaritime Journal•Jul 15, 2025•Artemis Technologies
•
Artemis eFoiler CTV Aces Tryouts at Scottish Offshore Wind FarmOedigital•Jul 09, 2025•Artemis Technologies, Vattenfall
•
•
•
Artemis inks electric pilot boat first to SwedenMaritime Journal•Oct 16, 2024•Sjofartsverket, Artemis Technologies
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