About Awake.AI
Awake.AI is a company based in Turku (Finland) founded in 2018 by Simo Salminen, Jussi Poikonen, and Kimmo Kummala.. Awake.AI offers products and services including PORT VISION, Analytics Microservices, and AI SEA. Awake.AI operates in a competitive market with competitors including Portchain, Portcast, Innovez-One, Portall and Cavotec, among others.
- Headquarter Turku, Finland
- Founders Simo Salminen, Jussi Poikonen, Kimmo Kummala
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Sectors
TechnologyTransportation, Automotive & Logistics
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Email
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Phone
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
$266.61 K (USD), Grant
Jan 01, 2023
- Investors
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Employee Count
Employee Count
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Products & Services of Awake.AI
Awake.AI offers a comprehensive portfolio of products and services, including PORT VISION, Analytics Microservices, and AI SEA. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
AI tool for planning and optimizing maritime port calls efficiently
Custom AI solutions for maritime logistics decision-making
Platform for secure maritime business interactions and data sharing
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Funding Insights of Awake.AI
- Total Funding Total Funding
- Total Rounds 2
- Last Round Grant — $266,605
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First Round
First Round
(01 Oct 2020)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jan, 2023 | Amount | Grant - Awake.AI | Valuation |
investors |
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| Oct, 2020 | Amount | Grant - Awake.AI | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
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Investors in Awake.AI
Awake.AI has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include European Union. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
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Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Investments & Acquisitions by Awake.AI
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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Fine Asian gourmet food is offered by an internet-first restaurant.
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Awake.AI
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
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Awake.Ai Comparisons
Competitors of Awake.AI
Awake.AI operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Portchain, Portcast, Innovez-One, Portall and Cavotec, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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Port operations are managed via an AI and cloud-based platform.
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Predictive supply chain visibility and analytics are provided for logistics.
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AI-powered software for smart port management is provided.
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Port management platform provided for visibility in logistics operations.
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Designer and manufacturer of automated connection & electrification systems
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Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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App based platform offering on demand delivery and ride-hailing services
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Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Awake.Ai
Frequently Asked Questions about Awake.AI
When was Awake.AI founded?
Awake.AI was founded in 2018 and raised its 1st funding round 2 years after it was founded.
Where is Awake.AI located?
Awake.AI is headquartered in Turku, Finland. It is registered at Turku, Varsinais-suomi, Finland.
What does Awake.AI do?
Awake.AI was founded in 2018 in Turku, Finland, within the maritime technology sector. A web-enabled platform is offered for automated port and shipping operations, facilitating collaboration between ports and ships. Operations are optimized to support autonomous vessels, with features including automated berth planning, situational awareness, remote mobile management, task handling, map and weather monitoring, dashboards, and customized integrations. APIs are provided alongside predictive analytics and cargo flow management.
Who are the top competitors of Awake.AI?
What products or services does Awake.AI offer?
Awake.AI offers PORT VISION, Analytics Microservices, and AI SEA.
Who are Awake.AI's investors?
Awake.AI has 1 investor. Key investors include European Union.