Nortech AI raises funds

Norwegian-Portuguese tech innovator Nortech AI has secured €2.5 million seed funding from Indico Capital Partners and Earlybird-X. Nortech AI’s plug-and-play solution optimizes maritime industry operations with real-time data.

Nortech AI’s goal is to make industrial IoT more accessible and efficient for sustainable and data-driven operations.

Stephan Morais, Managing General Partner of Indico Capital Partners, has said that the maritime industry was ripe for the implementation of software that helped it become more sustainable. Nortech´s software was fast to integrate with existing systems onboard and therefore allowed ships´ operations to become more sustainable immediately. We are proud to be supporting this transition of the global maritime industry with our Blue Fund.”

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