Tech Company Financing Transactions

SeaVantage Funding Round

SeaVantage closed a $1.3 million financing round on 1/3/2023. Backers included BDC Labs, Bluepoint Partners and IBK Capital.

Transaction Overview

Company Name
Announced On
1/3/2023
Transaction Type
Venture Equity
Amount
$1,300,000
Round
Undisclosed
Proceeds Purpose
The company intends to use the funds for global expansion of its ocean visibility platform, product innovations, and partnership growth.

Company Information

Company Status
Private & Independent
Industry
Artificial Intelligence
Mailing Address
Nonhyeon Building 6F 500 Gangnam-daero,
Gangnam-gu, Seoul, 06119
KR
Email Address
Overview
We are a fast-growing start-up helping companies to transform their ocean supply chain with real-time and predictive visibility solutions. Top leading companies including Samsung SDS, POSCO, Hyundai GLOVIS, and Lotte Global Logistics utilize and trust our data solutions to optimize their maritime logistics and operations. Global supply chains were originally built on the premise of stability in ocean shipping. Although ocean freight transport takes up over 90% of global trade, visibility into knowing where containers are located and when they will arrive with precise ETA for each leg of the journey has been limited. Poor visibility in ocean freight has led to increased lead times, costs, and inefficiencies.
Profile
SeaVantage LinkedIn Company Profile
Social Media
SeaVantage Company Twitter Account
Company News
SeaVantage News
Facebook
SeaVantage on Facebook
YouTube
SeaVantage on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Gene Song
  Gene Song LinkedIn Profile  Gene Song Twitter Account  Gene Song News  Gene Song on Facebook
Chief Operating Officer
Ethan Kim
  Ethan Kim LinkedIn Profile  Ethan Kim Twitter Account  Ethan Kim News  Ethan Kim on Facebook
Chief Technical Officer
Dongil Park
  Dongil Park LinkedIn Profile  Dongil Park Twitter Account  Dongil Park News  Dongil Park on Facebook


 

 

Browse more venture capital transactions:

Prev: 1/2/2023: Blacklane venture capital transaction
Next: 1/3/2023: Chaos Genius venture capital transaction

 

Share this article

 


Where The Data Comes From

We do our best to document every notable VC transaction. All VC database entries reported here are sourced from a variety of public sources. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


Additional Resources for Entrepreneurs

Lists of Venture Capital and Private Equity Firms

Franchise Opportunities

Contributors

Business Glossary