DockTech Overview
DockTech offers the real-time status of waterway conditions to facilitate maritime operations and prediction-based activity, leveraging artificial intelligence and dynamic data. Implementing DockTech's solution in ports ensures safer navigation and better resource allocation, improving the overall maritime supply chain efficiency. By collecting and aggregating dynamic data from vessels' sensor data, the company is able to show real-time operational insights about the waterway. By leveraging artificial intelligence, DockTech creates insight predictions and a variation forecast to understand how future conditions could affect operations. DockTech is an ecosystem solution that targets port authorities, terminal operators, pilot companies, shipping agents, maritime insurers, and more.
Cumulative Funding Raised Over Time ($)
$1.1MDec 2021
$1.4MFeb 2020
$4.0MNov 2022
Latest News
growth-positive
Portos RS and DockTech sign use-of-technology agreement, using Wilson Sons’ tugboats as data collectors
Israeli startup DockTech has signed an agreement with Brazilian port authority, Portos RS, to provide real-time seabed monitoring technology to increase the efficiency and safety of port and shipping operations. The technology uses depth measurement data collected by tugs and other harbour vessels to create a virtual representation of the seabed. The system monitors the seabed of waterways around the port facilities managed by Portos RS, using Wilson Sons’ tugboats and other harbour vessels. DockTech operates in nine countries, with over 122 vessels which monitor 35 port facilities.
PartnersExpand
Digital twin technology from DockTech to improve freight movement in ports
growth-positive
DockTech completes new US$ 2.5 million investment round with the participation of Wilson Sons and venture capital funds
DockTech, a startup that uses digital twin technology and data analysis to track waterway depth and understand the silting pattern of ports, has completed a new investment round of $2.5 million. The investment was led by Wilson Sons, the largest integrated operator of port and maritime logistics in Brazil, and included participation from venture capital funds theDOCK and Cultivation Capital. The funds raised will support DockTech in the development of new applications and commercial prospecting. The startup currently operates in five countries and has received positive feedback for its technology, which helps ports in the daily management of operations and dredging planning.
Investment
growth-positive
Signal K " Harnessing Signal K to dynamically map seabeds along ports and rivers
DockTech is working on a solution to provide real-time environmental data for ports and rivers. They use IoT devices on tugboats to collect sensor data and generate insights about port conditions and environmental trends. The data can be used to improve port efficiency, detect shallow areas, calculate dredging needs, and identify dangerous sections of the port. DockTech utilizes the Signal K open data format for data collection. They are focused on developing the next generation of port maintenance and exploring the potential of constantly updated port bathymetry. The article highlights the importance of data enrichment and contextual variables for reliable bathymetry. DockTech is actively working on forecasting algorithms, optimizing navigation routes for autonomous ships, and investigating the impact of weather conditions. The article does not mention any specific customers or partners.
CustomersPartners
growth-positive
Wilson Sons on LinkedIn: #WilsonSons #WilsonSons #WilsonSons 20 comments
Wilson Sons has acquired a minority stake and signed a commercial exclusivity agreement with DockTech in Brazil. Through their fleet of 80 tugs and the technology of digital twins developed by DockTech, Wilson Sons aims to understand the silting behavior of Brazilian ports and predict how changes affect navigation conditions and safety. This acquisition is a step towards Wilson Sons becoming a reference in providing solutions for the optimization of maritime and port infrastructure.
Partners
| Sector | Automotive & Mobility Technologies |
Funding
| Total funding | $4.37M |
| Last funding | $2.5M |
| Stage | Seed |
| Rounds | 5 |
| Investors | 4 |
Team Members
2
Employees: 1-10
Web & Social Links
| Website | www.docktech.ai |
| Careers | Careers page |
Locations
HaShalom Rd 7, Tel Aviv-Yafo, Israel
Photos & Videos
5 item(s)
DockTech Business
Business models
B2B, B2G
Product stage
Released
Employees
1-10
Sector
Automotive & Mobility TechnologiesLogistics & Transportation ManagementTarget Customer
Government & CityGovernmentTransportation & LogisticsTransportation InfrastructurePorts & HarborsLogisticsMaritimeCore Technology
Simulation & ImagingDigital TwinPlatforms & InterfacesWebSoftwareAPIArtificial IntelligenceMachine LearningDeep LearningTags (10)
digital-twinlogisticsdata-analyticsbig-data-analyticsartificial-intelligencecloudsaassupply-chainport-optimizationsmart-mobilityGeographic Markets
OceaniaCentral AmericaSouth AmericaColombiaNorth AmericaEuropeRomaniaIsraelUnited StatesBrazilDockTech Financials
$4.37M
Total funding
Undisclosed
Capital raised
$2.5M
Last funding
Seed
Funding stage
5
Total rounds
4
Investors
Cumulative Funding Raised Over Time ($)
$1.1MDec 2021
$1.4MFeb 2020
$4.0MNov 2022
Private Equity Funding
Seed
Nov 2022
$2.5M
Cultivation Capital, Undisclosed Investor(s), theDOCK
Undisclosed Round
Dec 2021
$1.15M
Wilson Sons (Lead)
Pre-Seed
Feb 2020
$300K
theDOCK
Non-Equity Funding
GrantEvent
Jan 2022
$300K
GrantEvent
Feb 2020
$120K
Israel Innovation Authority
DockTech Lifecycle
Cumulative Funding Raised Over Time
$1.1MDec 2021
$1.4MFeb 2020
$4.0MNov 2022
All Events
Seed
Nov 2022
$2.5M
Cultivation Capital, Undisclosed Investor(s), theDOCK
Undisclosed Round
Dec 2021
$1.15M
Wilson Sons (Lead)
Pre-Seed
Feb 2020
$300K
theDOCK
GrantEvent
Jan 2022
$300K
GrantEvent
Feb 2020
$120K
Israel Innovation Authority
DockTech News
11 articles
growth-positive
Portos RS and DockTech sign use-of-technology agreement, using Wilson Sons’ tugboats as data collectors
Israeli startup DockTech has signed an agreement with Brazilian port authority, Portos RS, to provide real-time seabed monitoring technology to increase the efficiency and safety of port and shipping operations. The technology uses depth measurement data collected by tugs and other harbour vessels to create a virtual representation of the seabed. The system monitors the seabed of waterways around the port facilities managed by Portos RS, using Wilson Sons’ tugboats and other harbour vessels. DockTech operates in nine countries, with over 122 vessels which monitor 35 port facilities.
PartnersExpand
Digital twin technology from DockTech to improve freight movement in ports
growth-positive
DockTech completes new US$ 2.5 million investment round with the participation of Wilson Sons and venture capital funds
DockTech, a startup that uses digital twin technology and data analysis to track waterway depth and understand the silting pattern of ports, has completed a new investment round of $2.5 million. The investment was led by Wilson Sons, the largest integrated operator of port and maritime logistics in Brazil, and included participation from venture capital funds theDOCK and Cultivation Capital. The funds raised will support DockTech in the development of new applications and commercial prospecting. The startup currently operates in five countries and has received positive feedback for its technology, which helps ports in the daily management of operations and dredging planning.
Investment
growth-positive
Signal K " Harnessing Signal K to dynamically map seabeds along ports and rivers
DockTech is working on a solution to provide real-time environmental data for ports and rivers. They use IoT devices on tugboats to collect sensor data and generate insights about port conditions and environmental trends. The data can be used to improve port efficiency, detect shallow areas, calculate dredging needs, and identify dangerous sections of the port. DockTech utilizes the Signal K open data format for data collection. They are focused on developing the next generation of port maintenance and exploring the potential of constantly updated port bathymetry. The article highlights the importance of data enrichment and contextual variables for reliable bathymetry. DockTech is actively working on forecasting algorithms, optimizing navigation routes for autonomous ships, and investigating the impact of weather conditions. The article does not mention any specific customers or partners.
CustomersPartners
growth-positive
Wilson Sons on LinkedIn: #WilsonSons #WilsonSons #WilsonSons 20 comments
Wilson Sons has acquired a minority stake and signed a commercial exclusivity agreement with DockTech in Brazil. Through their fleet of 80 tugs and the technology of digital twins developed by DockTech, Wilson Sons aims to understand the silting behavior of Brazilian ports and predict how changes affect navigation conditions and safety. This acquisition is a step towards Wilson Sons becoming a reference in providing solutions for the optimization of maritime and port infrastructure.
Partners
Israeli tech aids Brazilian port navigation
growth-positive
Wilson Sons takes stake in waterway digital twinning start-up TradeWinds
Wilson Sons has acquired a minority equity position in Israeli start-up Docktech to develop digital twins of Brazilian ports. The partnership aims to install Docktechs system throughout the countrys ports to accurately determine the real depth of the access channels and mooring berths. This move is expected to have a positive impact on Wilson Sons growth.
PartnersAcquisition
growth-positive
Wilson Sons invests in start-up to measure draught in Brazilian ports
Wilson Sons has acquired a minority stake in Israeli start-up Docktech and gained commercial exclusivity to use their maritime technology for monitoring berth and waterway depth in Brazilian ports. This investment allows Wilson Sons to accurately determine the real depth of access channels and berths, optimizing cargo capacity and avoiding the waste of dredging resources. The technology is already being used in some ports and will be expanded to other locations where Wilson Sons operates. Last year, Wilson Sons also acquired a stake in AIDrivers, a company specializing in autonomous mobility systems for heavy port equipment.
PartnersInvestment
growth-positive
נמל אשדוד: החל פיילוט חדשני במסגרת החממה הטכנולוגית
DockTech, a startup that develops real-time depth measurement solutions for maritime transport, has started a new pilot at the Ashdod Port in Israel. The company has installed its product on a tractor and a boat, allowing for real-time tracking of their movements and depth data collection. The collected data will be used to create an intelligent algorithm for measuring depths in real-time. This breakthrough technology is expected to improve efficiency and safety in Israeli and global ports. Ashdod Port also mentioned that other companies are currently in the process of partnering for additional innovative pilots.
Partners
growth-positive
Dutch Port Technologies Accelerator Announces 2018 Startup Selection
PortXL, a Rotterdam-based startup accelerator for maritime and port-related technologies, has selected 14 startups to participate in its three-month accelerator program. The program aims to connect innovative startups with port industry leaders worldwide. Among the selected companies are Marine Bubble Flow B.V., WhaleWashing, CargoLedger BV, Threatspan, DockTech, and ECOncrete Tech Ltd. ECOncrete, based in Tel Aviv, offers eco-friendly concrete solutions for marine infrastructures. Participating in the program will provide networking and mentorship opportunities for ECOncrete to push its innovative approach forward. The program is set to begin in March.
PartnersExpand
growth-positive
Overnight innovation solving port-related issues
Seawork, Europes largest commercial marine and workboat exhibition, is hosting an event called Speed@Seawork on June 10th in Cowes. The event will showcase fast vessels operating at high speed for security interventions and Search & Rescue. Seawork is also partnering with the Commercial Marine Network and Maritime Journal to introduce Series 3 of Get set for Workboat 2050, an online conference series focusing on decarbonisation compliance and practical applications in the workboat industry.
Partners
Employee Info
| Employees (range) | 1-10 |
| Exact count | 9 |
| Team members | 2 |
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DockTech Internal
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Admin Info
| Confidence | 100/100 |
| Missing | markets |
| BI Verification | Natalia Golczar |
| Registrar ID | 515989515 |
| Crunchbase | docktech |
| Phone | +972548698843 |
| Creator | Hilla Gorokhovsky |
| Creator email | hilla.gorokhovsky@sncentral.org |
| Last updater | Maor Perlov |
| Updater email | maor.perlov@sncentral.org |
| Last update | 2023-03-12T00:00:00.000Z |
| Created | 2018-01-28T00:00:00.000Z |
| Claimed | Yes |