Next Ocean Secures Seed Investment from Arches Capital for Business Expansion

Next Ocean, a Dutch developer of Vessel Motion Radar systems for offshore wind and oil and gas industries, has recently announced that it has secured seed investment from Arches Capital to drive its business expansion. This funding will play a crucial role in accelerating Next Ocean’s growth, enabling the company to scale production, expand into new markets, and further develop its predictive radar technology.

With a proven track record of delivering Vessel Motion Radar systems to offshore wind and oil and gas companies, Next Ocean’s technology provides real-time insights into wave-induced vessel motions. By allowing operators to anticipate conditions up to three minutes ahead, the system enables safer and more efficient offshore operations, minimizing risks and maximizing uptime, even in rough weather conditions.

According to Next Ocean, this investment will not only enhance its commercial reach but also solidify its leadership in maritime safety technology. Karel Roozen, CEO of Next Ocean, expressed his confidence in the partnership with Arches Capital, stating, “This partnership marks a significant milestone for Next Ocean, reinforcing our long-term commitment to the offshore industries. We are confident that Arches Capital will be a key partner in further establishing our market position.”

Roozen further added, “By accelerating our growth, we can bring our potentially life-saving technology to operators worldwide and strengthen the relationships we’ve built with our existing clients. Together, we can drive safer and more efficient maritime operations.”

Overall, the seed investment from Arches Capital represents a significant step forward for Next Ocean, positioning the company for continued success in the offshore industry and beyond.