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• Traxens closes €20m deal to launch IoT tracking solutions
  in Software, Big Data & IoT

  Marseille-based company Traxens has closed a Series C funding round worth close to EUR 20 million ($22.7M), with the purpose of launching a global large-scale sea-land fleet of IoT tracking solutions on vessels operated by its partner shipping companies, including CMA CGM and MSC.

• Microsoft backs $11m Nautilus AI platform
  in Software, Big Data & IoT

  Microsoft is supporting the development of artificial intelligence (AI) to improve fuel efficiency on ships with a US $11 million in Series A funding for Nautilus Labs.

• Q88 extends services across Eastern Europe
  in Software, Big Data & IoT

  Software as a Service (SaaS) technology provider to the maritime industry, Q88 LLC has opened a new office dedicated to expanding the software development department in Kraków, Poland. 

• OneWeb Secures $1.25bn in new funding
  in Communications & Cyber Security

  Communications company OneWeb has secured $1.25 billion in new capital to accelerate the development of a global communications network by 2021.

• Autonomous vessel tech company raises $10m
  in Navigation, Autonomy & New Technologies

  Boston-based autonomous vessel technology company Sea Machines Robotics has closed a $10 million fundraising round, bringing the total funding raised by the company to $12.5 million.