Stock Exchange (pixabay photo)
The Israeli company Windward, which provides artificial intelligence-based technology for producing information and insights for the global maritime trade industry, raised £ 34.5 million (approximately NIS 144 million) at a value of £ 126.5 million (approximately NIS 530 million), and began To be traded this morning (Monday) on the AIM Stock Exchange in London.
The company raised the amount from institutional investors, including Hargreave Hale, Gresham House, Premier Miton and NinetyOne. The funds raised will be used to expand the company’s data sources, develop its technology and invest in sales and marketing.
Windward’s technology platform provides real-time information and insights on ships at sea, enabling maritime stakeholders to gain risk management intelligence and gain business and operational insights. Windward has more than 70 customers worldwide, including leading players in the maritime industry, including banks, commodity traders, insurance companies, government agencies and large energy and shipping companies.
Windward employs about 120 people, most of them in Israel, with a presence in the United Kingdom, the United States, Denmark and the United Arab Emirates.
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Ami Daniel, CEO and co-founder of Windward: “We are pleased with the trust we have received from the market, which allows us to continue to invest in our innovative platform. To date, we have invested more than $ 25 million in the platform and recruited as clients leading players in the maritime industry. We are confident that we have built solid and stable foundations for future and trending growth. ”
Daniel added that “the maritime trade industry is huge and complex, with many stakeholders, but with limited access to existing data. Our system for forecasting and managing maritime risks sheds light on everything that happens in the industry. “Significantly for our value proposition. Our entry into the London Stock Exchange marks an important milestone in our journey, and I want to thank all of our existing and new investors for supporting our vision – and most importantly, the entire team at Windward that has made this possible.”
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