Global Spatial Technology Solutions (GSTS), a Dartmouth, Nova Scotia, Canada-based company which specializes in in maritime solutions, raised an undisclosed amount in Series A funding.
The round was led by Fonds de solidarité FTQ, along with Export Development Corporation (EDC).
The company intends to use the funds to accelerate the international commercialization of its proprietary AI powered platform, OCIANA®, with near term expansion in the EMEA and APAC regions.
Led by CEO Richard Kolacz, GSTS is a global maritime intelligence company delivering solutions to enhance decision making across the maritime and logistics industry. Its product, OCIANA®, provides operational optimisation, risk and compliance management solutions across the maritime industry with multiple applications in commercial, civil and defence segments. Clients include ports, terminal operators, shipping lines, logistics companies, importers, exporters, national and international agencies as well as security organisations.
The next phase of grwoth includes an extension of the OCIANA® solution suite based on market needs for digitalization, climate change, sustainability and energy initiatives.
FinSMEs
29/08/2024