SynMax – a maritime and energy intelligence company – recently announced the successful closure of its latest investment round. The company raised $13 million at a $50 million pre-money valuation, led by renowned energy trader Bill Perkins. This round also saw participation from Alex Moore, co-founder of Palantir.
This significant funding milestone will further propel SynMax’s growth in its innovative products, including Theia, Hyperion, Vulcan, and Leviaton.
1.) Theia is a cutting-edge maritime intelligence product that processes millions of square kilometers of over-ocean satellite imagery daily to detect, identify, and track tens of thousands of dark vessels, enhancing maritime security and oversight.
2.) Hyperion is an oil and gas intelligence platform that utilizes satellite imagery to monitor rigs, frac crews, and well completions and provides the industry’s most accurate oil and gas forecast.
3.) Vulcan (SynMax’s coal inventory tracking solution) utilizes satellite photogrammetry to monitor coal inventory levels at 100 US coal power plants.
4.) And Leviaton is an LNG maritime intelligence platform that employs AI and dark ship intelligence to precisely predict global LNG flows.
KEY QUOTES:
“The confidence shown by our investors, led by Bill Perkins and including industry heavyweights like Alex Moore, is a testament to the groundbreaking work we’re doing at SynMax. With this investment, we’re poised to redefine how data intelligence drives decision-making in the maritime and energy sectors.”
— Brendan Moore, CEO of SynMax
“SynMax’s proficiency in harnessing satellite imagery and AI for more informed decision-making in critical industries, sets it apart as a leader in the space.”
— Eric Anderson, CTO of SynMax
