SoftBank Ventures Asia Leads $5.8 Million Investment In Korean Autonomous Shipping Startup

SoftBank Ventures Asia, the venture arm of Japanese billionaire Masayoshi Son’s SoftBank Group, led a $5.8 million round in South Korean autonomous navigation startup Seadronix, bringing its total funding to date to $8.3 million.

Founded in 2015, Seadronix develops AI software to help cargo ships navigate with minimal involvement from sailors, similar to autonomous cars. The company’s two main products include a monitoring system to help large vessels berth at docks and a separate monitoring system to help vessels navigate in open waters, currently operating in four ports across Korea.

“Our mission is to be an AI platform that ensures the safety and environmental protection of

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