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Maritime Tech Sector

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About Maritime Tech

There are 3.81K companies in the Maritime Tech sector across the world, with 767 funded companies having collectively raised $8.33B in venture capital money and private equity. Overall 389 of these are Series A+ funded and the sector has seen the creation of 2 Unicorns.
Maritime Tech sector has seen 205 acquisitions and 55 IPOs. This represents almost 6.8% of all such companies - which is higher than the 4.3% exit rate of tech companies in general.
This sector includes companies manufacturing innovative ships/boats. Companies providing technology based solutions for ship/boat manufacturing and shipping industry.
Maritime Tech sector is also known as Maritime Tech or Marine Tech.

Companies included in Maritime Tech sector

Includes Companies providing Innovative Ships, Shipbuilding solutions. Also providing, Marine Electronics including Radar System, Collision Avoidance System, Navigation and Control systems, etc. Also includes Marine IT solutions for ship operations, port management, Marine data tracking, and management, etc

Companies excluded in Maritime Tech sector

Excludes Manufacturing companies including Shipbuilders, Engine Manufacturers, Component Manufacturers. Also Excludes Companies providing water transport solutions including Cruise & Ferry Operators, Catering and Entertainment Services, Port Operators and Agents, Freight Forwarders, Inland Shipping Companies, Ship Leasing Companies, etc
Key Metrics
Total Companies
Top Companies
Total Funding
Funded Companies
Series A+ Companies
Series C+ Companies
Unicorns Created
IPOs
Acquisitions
Also known as
Maritime Tech or Marine Tech

Market Map of Maritime Tech

The market map of Maritime Tech gives a visual overview of the sector, showing key business models, their interactions in the value chain, and industry evolution. Top 3 trending business models in Maritime Tech sector are Collision Avoidance, Unmanned Marine Inspection and Vessel Monitoring Systems.
Recent BlueBox/Industry Definition image of Maritime Tech

Reports related to Maritime Tech

Here are some reports related to Maritime Tech sector:
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Top Companies in Maritime Tech

There are more than 3.81K companies in Maritime Tech. Candela is the top Maritime Tech company globally, ranked using Tracxn Score (what's this?).
Here are 5 of the top Maritime Tech companies globally:
Company
Description
Location
Founded
Current Stage
Private Funding Raised
Manufacturer of hydrofoiling electric boats and ferries for water transport
Stockholm (Sweden)
2014
Acquired
$148M
Provider of a mobile app for marine navigation
Bournemouth (United Kingdom)
2017
Seed
$4.6M
Provider of marine underwater robotics inspection platform
Chennai (India)
2015
Series B
$21.4M
Provider of AI-powered maritime risk analytics solutions
Tel Aviv (Israel)
2010
Acquired
$32.3M
Developer of artificial intelligence software for maritime vessel performance optimization
Athens (Greece)
2017
Acquired
$9.15M
Get a longer list of companies

Companies founded year-on-year in the Maritime Tech sector

96 new startups have been founded so far in 2026 in the Maritime Tech sector. 259 Maritime Tech startups were founded in 2020 - this is the most number of startups founded in any year in the last 10 years.

Companies founded year-on-year in the Maritime Tech sector2026202520242023202220212020201920182017Founded Year055110165220275Count of Number of Companies
  • Total Number of Companies
Year
No. of companies
2026
96
2025
59
2024
114
2023
143
2022
152
2021
229
2020
259
2019
233
2018
238
2017
186

Companies founded across countries in the Maritime Tech sector

United States has 913 Maritime Tech startups, the most by any country, followed by United Kingdom which has 391 startups and Germany which has 214.

Companies founded across countries in the Maritime Tech sectorUnited S...United K...GermanyIndiaNetherla...FranceCanadaNorwayAustrali...Singapor...Countries02004006008001,000Count of Number of Companies
  • Total Number of Companies
Country
No. of companies
United States
913
United Kingdom
391
Germany
214
India
192
Netherlands
147
France
135
Canada
120
Norway
105
Australia
103
Singapore
103

Stage-wise distribution of the Maritime Tech sector

Out of the total 3,813 Maritime Tech companies, 767 have secured funding. Among them, 389 have reached Series A or higher, and 311 to Series B or beyond.

Founded - 3,813
Funded - 767
Series A+ - 389
Series B+ - 311
Series C+ - 281
Company Stage
No. of companies
Founded
3,813
Funded
767
Series A+
389
Series B+
311
Series C+
281
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  • 3.8K+ Total Companies
  • $8.33B+ Total Funding
  • 765+ Funded Companies
  • 50+ IPOs
  • 200+ Acquisitions
  • 5 Reports

Top Investors in Maritime Tech

Europa is the top investor in Maritime Tech companies based on number of companies invested.
Here are some top investors in Maritime Tech:
See a more detailed list of investors

M&A activity in Maritime Tech

In the year 2026, till July 2026, 12 acquisitions happened in Maritime Tech sector. Last year, in 2025, a total of 22 acquisitions happened in Maritime Tech sector.
Here are some recent, important acquisitions in Maritime Tech:
Company
Acquisition Type
Acquisition Date
Acquirers
Business Acquisition
Jul 28, 2026
Business Acquisition
Jun 30, 2026
Business Acquisition
Jun 25, 2026
Business Acquisition
Jun 22, 2026
Business Acquisition
Jun 08, 2026
See a more detailed list of acquisitions

Acquisition trends in Maritime Tech

Here are the acquisition trends in Maritime Tech:

Acquisition trends in Maritime Tech2026202520242023202220212020201920182017Acquisition Round Date (Yearly)0510152025Number of Acquisitions
  • Total Number of Acquisitions
Year
No. of companies
2026
12
2025
22
2024
19
2023
16
2022
22
2021
24
2020
13
2019
18
2018
12
2017
19

IPOs in Maritime Tech

In the year 2026, till May 2026, 2 IPOs happened in Maritime Tech sector.
Here are some recent, important IPOs in Maritime Tech:
Company
IPO Date
Exchange Symbol
May 01, 2026
Toronto Stock Exchange - Venture Exchange (TSX-V)
Apr 23, 2026
Oslo Stock Exchange (OSLO BORS)
Apr 10, 2025
National Association of Securities Dealers Automated Quotations (NASDAQ)
Jan 09, 2025
Hong Kong Exchanges (HKG)
May 08, 2024
Korea Exchange (KRX)
See a more detailed list of IPOs

Top News in Maritime Tech

View all Maritime Tech Top News

FAQs about Maritime Tech sector

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