Next Ocean secures investment to scale offshore safety technology

Next Ocean, a pioneer in Vessel Motion Radar technology, has secured Seed Investment from Arches Capital to drive its expansion and enhance maritime safety worldwide. This funding will accelerate Next Ocean’s growth, enabling the company to scale production, expand into new markets, and further develop its predictive radar technology.

Over the past years, Next Ocean has successfully delivered numerous Vessel Motion Radar systems to leading companies in the Offshore Wind and Oil & Gas industries. The technology provides real-time insights into wave-induced vessel motions, enabling operators to anticipate conditions up to three minutes ahead. This precision allows for safer and more efficient offshore operations, minimizing operational risks and maximizing uptime, even in rough weather.

With this investment, Next Ocean will enhance its commercial reach and solidify its leadership in maritime safety technology. Partnering with Arches Capital and their network of successful former entrepreneurs brings strategic expertise to help Next Ocean expand its impact globally.

"This partnership marks a significant milestone for Next Ocean, reinforcing our long-term commitment to the offshore industries. We are confident that Arches Capital will be a key partner in further establishing our market position. By accelerating our growth, we can bring our potentially life-saving technology to operators worldwide and strengthen the relationships we’ve built with our existing clients. Together, we can drive safer and more efficient maritime operations."
— Karel Roozen, CEO, Next Ocean

"At Arches Capital, we seek out transformative technologies, and Next Ocean embodies that vision perfectly. Their predictive radar technology is reshaping offshore safety and efficiency. We are excited to support their global expansion and help bring this innovation to more maritime professionals, making offshore operations safer and more reliable."
— Frank Appeldoorn, Managing Partner, Arches Capital