Ceto Raises $4.8M in Funding

Ceto Raises $4.8M in Funding

Ceto, a Newcastle-Upon-Tyne, UK-based provider of predictive analytics for the maritime industry, raised $4.8M in funding. The round was led by Dynamo Ventures, with participation from Howden Ventures, Signal Ventures, and Motion Ventures. The company intends to use the funds to expand operations and its development efforts. Led by CEO Tony Hildrew, Ceto is a company which specializes in predictive […] The post Ceto Raises $4.8M in Funding appea…

Maritime AI startup Ceto Secures $4.8M To Expand Its Data-Driven Insurance Product, Transforming Risk Selection & Operational Efficiency at Sea

Ceto, the technology system reshaping the future of maritime insurance, announced a $4.8M fundraising round. The round was led by Dynamo Ventures, with participation from Howden Ventures, Signal Ventures, and Motion Ventures. Ceto captures and analyzes high-frequency data from commercial ships to improve insurance risk selection, reduce machinery failures, and enhance fuel efficiency. These insights are delivered through an integrated dashboard,…