News

Orca AI To Save Lives With Its Collision Avoidance System For Ships

Orca AI combines data from sensors with artificial intelligence to provide real-time insights that reflect the changing conditions at sea.

Published

4 years ago

May 5, 2021

Joanna Melki

Orca AI

The recent Suez Canal blockage, which lasted for six days after a 400-metre-long (1,300 ft) container ship ended up wedged across the waterway due to the combination of strong winds and human errors, showed the whole world just how easily can major shipping accidents happen and how severe and long-lasting their impact can be. Unfortunately, the Suez Canal blockage was just one of several thousand marine incidents that occur annually. Now, one Tel Aviv-based company has successfully raised €10.8 million in a Series A round to work on its ship navigation and collision avoidance system, Orca AI.

“The maritime industry has come leaps and bounds in recent years, but is still far behind aviation with technological innovations. Ships deal with increasingly congested waterways, severe weather and low-visibility conditions creating difficult navigation experiences with often expensive cargo,” says Orca AI CEO and co-founder Yarden Gross.

Orca AI combines data from sensors with artificial intelligence to provide real-time insights that reflect the changing conditions at sea. The system can be used for individual ships to deliver predictions and alerts on hazards, but it can also supply fleet managers with insights on the risk behavior and patterns of the entire fleet.

Also Read: Dubai-Based Startup Huspy Helps Emiratis Buy Homes Online

“Utilizing onboard navigation sensors and high-resolution cameras with proprietary AI algorithms, the technology is able to provide valuable insight such as alerting the crew on dangerous targets, prioritize risk in real-time and sort out complex navigation situations,” explains Dor Raviv, Co-Founder & CTO of Orca AI.

Other tech companies are also trying to make the shipping industry safer and less prone to costly accidents. For example, the Saudi Arabian Oil Company is using AI technology to monitor its maritime fleet, while Stockholm-based X Shore is exploring an auto-docking solution that could greatly streamline what’s arguably the most dangerous part of getting a massive cargo ship from point A to point B.

Related Topics:Artificial Intelligence Israel

Up Next

Sajdah Is The World’s First Smart Rug That Helps You Perfect Your Prayers

Don't Miss

Netflix Introduces “Play Something” Shuffle Feature

Click to comment

News

Foodics Acquires Online-Ordering Specialist & Invests In 3 Startups

The deal with UK-based Solo Venture was made at LEAP 2025, and will help create a seamless, all-in-one SaaS ecosystem for restaurants.

Published

3 days ago

February 19, 2025

Nour Nasir

foodics acquires online-ordering specialist and invests in 3 startups

MENA-based restaurant and payments technology provider Foodics has fully acquired Solo Venture, a UK-based company specializing in self-ordering kiosks and white-label online ordering solutions. The deal was reached at this year’s LEAP 2025 event in Riyadh and is part of Foodics’ strategy to create a seamless, all-in-one SaaS ecosystem for restaurants and catering firms.

Solo’s technology includes AI-driven self-service solutions, simplifying ordering and increasing profit margins. By integrating Solo into its platform, Foodics will soon be able to offer restaurants a comprehensive suite of tools covering everything from dine-in management to payments and analytics.

Ahmad Al-Zaini, CEO and Co-Founder of Foodics explained: “This acquisition is a significant step in our mission to build the most comprehensive restaurant management platform in MENA and beyond. To further support our ecosystem and the future of tech in the F&B sector, we are allocating $100M in strategic acquisitions and investments in Fintech, AI, and other transformative technologies over the coming three years”.

Beyond the Solo acquisition, Foodics is also backing three startups as part of its wider expansion plan:

Norma: A Greek AI-powered data analytics firm that enables business professionals to generate insights instantly, eliminating the need for technical expertise.
Add: A specialized accounting platform designed for small and medium-sized restaurants to simplify financial reporting and payroll management.
Arzaq Plus: A smart food and beverage supply chain platform that optimizes sourcing and logistics while introducing a “Buy Now, Pay Later” feature to the Foodics platform.

Also Read: Taager Secures $6.75M To Expand Social eCommerce In MENA

Anas Alghanim, Foodics’ Director of Corporate Development, emphasized, “At Foodics, every investment we make is aimed at creating valuable solutions that drive growth and deliver tangible success, ensuring that we empower our partners and customers to shape the future of the industry”.

The LEAP 2025 announcement coincides with the celebration of Foodics’ 10th anniversary. After supporting over 30,000 food and beverage businesses across 30 countries, Foodics continues to push the boundaries of restaurant management technology, helping companies streamline operations and enhance customer experience.