Spear AI, a leader in maritime artificial intelligence solutions, has successfully completed its seed funding round, with investments from Scare the Bear Capital and Cortical Ventures. This funding will enhance Spear AI’s product offerings, scale its Horizon platform, and improve maritime sensor capabilities.
Spear AI provides a suite of solutions that combines advanced software, modular sensors, and engineering expertise. Its Horizon platform manages and labels acoustic data for AI development, while expert teams support the operationalization of AI pipelines for national security missions.
The company is currently working with the U.S. Department of Defense and the U.S. Navy, with plans for commercial and international expansion.
KEY QUOTES:
“This investment is a validation of our vision to transform maritime data into actionable intelligence. Scare the Bear Capital and Cortical Ventures understand the urgency of delivering operationally relevant AI at the edge, and their support enables us to accelerate delivery to our defense and commercial partners.”
Michael Hunter, co-founder and CEO of Spear AI
“Our mission has always been to close the gap between emerging AI technology and real-world mission demands. This funding enables us to grow our technical services and engineering teams to help more partners build the data and AI capabilities they need to operate faster, safer, and smarter in the maritime domain.”
John McGunnigle, co-founder, Executive Chairman, and CTO
“At Scare the Bear Capital, we look for companies that have exceptional leadership and opportunities to significantly grow their products or services within the Federal Government. With Spear, we found both. Our group of advisors and I are incredibly excited to partner with John and Mike to help them achieve their vision for Spear.”
Matt Dean, managing partner, Scare the Bear
“I had the privilege of working with John when I was at DataRobot and he was with the Navy, and I’m excited to work with John and Michael because they’re exactly the type of founders we look for: capable, mission-driven, and experts in their field. I believe the best companies to invest in operate at the intersection of opportunities to (a) save the world and (b) generate significant returns, and Spear is a clear example of that.”
Jeremy Achin, cofounder and general partner, Cortical Ventures
