Sedna Communications, a London, UK-based AI-driven platform for maritime and provide chain companies, acquired $10M in Development financing from CIBC Innovation Basking.
The corporate intends to make use of the funds to drive AI innovation, broaden platform integrations, and help sustainable progress to raised serve its prospects.
Based in 2017, Sedna helps maritime and provide chain companies extract vital information from emails, the first mode of communication within the business, to streamline and consolidate enterprise choices. Its buyer base contains port brokers, vessel operators, charterers, brokers, and IT managers.
The corporate improved its capabilities with the acquisition of Nordic IT, an organization which focuses on e mail administration options. This strategic transfer, mixed with Sedna’s speedy progress, has positioned the corporate because the dominant supplier of maritime e mail options, securing the biggest buyer share available in the market.
FinSMEs
04/04/2025
