Company Overview
Snapshot
Founded in March 2019 by Uri Yoselevich, DockTech operates with 1–10 employees. The company has raised $4.37 million across five funding rounds from four investors. In November 2022, DockTech completed a new investment round with participation from Cultivation Capital and theDOCK.
Business overview
DockTech develops AI-powered solutions for real-time waterway condition monitoring and prediction, aiming to optimize maritime operations and cargo utilization in ports. Its core technology leverages artificial intelligence and dynamic data aggregation from vessel sensors to provide operational insights and forecast waterway variations. The company's products, AquaScope and AquaScope AI, serve port authorities, terminal operators, pilot companies, shipping agents, and maritime insurers, enhancing navigation safety, resource allocation, and overall maritime supply chain efficiency. DockTech also focuses on climate tech by decreasing vessel emissions and optimizing dredging campaigns through its Dredging On Demand (DOD) technology.
Strategic signal
In September 2023, Portos RS and DockTech signed a use-of-technology agreement, utilizing Wilson Sons’ tugboats as data collectors. This collaboration signals a strategic validation of DockTech's AI-powered solutions within the maritime industry, demonstrating a practical application of its technology for real-time data collection and operational improvement. For investors, this indicates growing market adoption and potential for scaling its data-driven cargo optimization and waterway management platforms through strategic partnerships.
Log in to access full profile ›Company Intelligence Q&A
- What is DockTech's primary focus?
- DockTech specializes in AI-powered cargo optimization for ports, providing real-time waterway conditions and predictive analytics to enhance maritime operations and efficiency.
- When was DockTech founded and by whom?
- DockTech was founded in March 2019 by Uri Yoselevich.
- Which investors participated in DockTech's November 2022 funding round?
- In November 2022, DockTech completed an investment round with participation from Cultivation Capital and theDOCK.
- What was a key strategic partnership for DockTech in September 2023?
- In September 2023, Portos RS and DockTech signed a use-of-technology agreement to use Wilson Sons’ tugboats for data collection, enhancing real-time waterway monitoring.
- How does DockTech contribute to climate tech?
- DockTech decreases vessels' emissions per ton by maximizing waterway cargo utilization and reduces the environmental footprint of dredging campaigns with its Dredging On Demand (DOD) technology.