eyeGauge
eyeGauge is a start-up in Paris, France that specializes in Deep Tech and focuses on the Maritime Industry. Our goal is to help accelerate the transition towards decarbonization in the Maritime transportation sector. We aim to meet the targets set by the International Maritime Organisation, which include reducing greenhouse gas emissions by at least 50% by 2050. In order to comply with decarbonization regulations, ship owners are required to measure emissions, track them, and report them to authorities after each voyage. To achieve these targets, shipping companies need to gather as much data as possible from their ships and compare their fleet's performance against established benchmarks like EEXI and CII. Ideally, these measurements should be automated to ensure consistent, comprehensive, and comparable data. However, currently 85% of the world's fleet collects and reports this data manually, making it difficult to work with and analyze. This is because available solutions to digitize these processes onboard ships are often complex and costly. As a result, the shipping industry is falling behind in meeting decarbonization targets and faces pressure to invest in digital decarbonization technologies. At eyeGauge, we have developed an innovative solution that automatically and cost-effectively collects data from all systems onboard ships in a contactless and non-invasive manner. Our solution provides reliable, comprehensive, and comparable data by creating a digital model of the vessel's equipment and machinery. This enables analysis of operations and identification of potential areas for optimization to reduce greenhouse gas emissions.
eyeGauge is a start-up in Paris, France that specializes in Deep Tech and focuses on the Maritime Industry. Our goal is to help accelerate the transition towards decarbonization in the Maritime transportation sector. We aim to meet the targets set by the International Maritime Organisation, which include reducing greenhouse gas emissions by at least 50% by 2050. In order to comply with decarbonization regulations, ship owners are required to measure emissions, track them, and report them to authorities after each voyage. To achieve these targets, shipping companies need to gather as much data as possible from their ships and compare their fleet's performance against established benchmarks like EEXI and CII. Ideally, these measurements should be automated to ensure consistent, comprehensive, and comparable data. However, currently 85% of the world's fleet collects and reports this data manually, making it difficult to work with and analyze. This is because available solutions to digitize these processes onboard ships are often complex and costly. As a result, the shipping industry is falling behind in meeting decarbonization targets and faces pressure to invest in digital decarbonization technologies. At eyeGauge, we have developed an innovative solution that automatically and cost-effectively collects data from all systems onboard ships in a contactless and non-invasive manner. Our solution provides reliable, comprehensive, and comparable data by creating a digital model of the vessel's equipment and machinery. This enables analysis of operations and identification of potential areas for optimization to reduce greenhouse gas emissions.
eyeGauge has raised $580k across 1 round. Its most recent round was a Seed of $580k in Dec 2023. Full funding history, investors, and team are detailed below.
Funding history
1 round on record.
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