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ENTREVESTOR: Global Spatial closes $2-million seed funding round

March 29,2019

Dartmouth-based ocean technology company Global Spatial Technology Solutions has closed a $2 million funding round to further develop its platform, which helps marine operators improve safety, security and their environmental footprint.

GSTS has developed a platform called OCIANA, which collects data from satellites and terrestrial sources then uses artificial intelligence to help crews plot the best route possible for their ships. The idea is that AI can assess weather patterns, ocean conditions and the traffic of other ships to help ships’ crews plot the safest route with the lowest greenhouse gas emissions…. [Read More]

SOURCE: The Chronicle Herald