Marakeb Technologies

Sharjah, United Arab Emirates Founded: 2007 • Age: 19 yrs
Autonomous conversion kits and navigation electronics for vehicles are manufactured.

About Marakeb Technologies

Marakeb Technologies is a company based in Sharjah (United Arab Emirates) founded in 2007. Marakeb Technologies operates in a competitive market with competitors including Ocean Power Technologies, Navico, Vesper Marine, Martek Marine and Radio Holland, among others.

  • Headquarter Sharjah, United Arab Emirates
  • Sectors
    Transportation, Automotive & Logistics
  • Email
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  • Phone
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  • Website marakeb.tech
  • Social LinkedIn
Key Metrics

Funding Insights of Marakeb Technologies

  • Total Rounds 2
  • Investors Count 1

All 2 funding rounds of Marakeb Technologies with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Nov 2021–Series A–SDF
–
Jun 2019–Seed–SDF
–
Valuation history

1 investors in total: 1 institutional.

Investors in Marakeb Technologies

Marakeb Technologies has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Strategic Development Fund.

All
Venture Fund
InvestorDescriptionFounded YearDomainLocation
Strategic Development Fund is focused on investment in UAE sectors.
–sdf.aeAbu Dhabi, United Arab Emirates
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Investor details for Marakeb Technologies

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People of Marakeb Technologies

1 people are tracked at Marakeb Technologies (1 in leadership).

NameRoleGroup
Basel Shuhaiber
CEOLeadership
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Timeline of Marakeb Technologies

3 dated milestones of Marakeb Technologies across 14 years, from founding to its latest funding, stage changes and deals.

  1. Founded Marakeb Technologies is founded.
  2. Funding First funding round.
  3. Funding Latest funding round, Series A,.

Competitors of Marakeb Technologies

Marakeb Technologies 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 Ocean Power Technologies, Navico, Vesper Marine, Martek Marine and Radio Holland, among others.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
oceanpowertechnologies.com1984Monroe Township, United States–72
Ocean energy technologies are provided for intelligent maritime solutions.
navico.com2006Egersund, Norway––
Marine electronics and navigation systems are manufactured for on-water activities.
vespermarine.com2007Auckland, New Zealand––
Developer of marine asset protection and collision avoidance technology
martek-marine.com1999Rotherham, United Kingdom–52
Diversified electronic systems for marine applications are manufactured.
radioholland.com1916Rotterdam, Netherlands–11
Provider of navigation, connectivity, Integration, and service & maintenance solutions for the maritime industry
psmmarine.com1975Haywards Heath, United Kingdom–16
Tank management systems and marine instrumentation are provided for vessels.
raymarine.com1974Hampshire, United States––
Marine electronic equipment is developed for recreational boating markets.
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Detailed competitors of Marakeb Technologies

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Latest news on Marakeb Technologies

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Similar companies to Marakeb Technologies

10 companies that operate in the same segment as Marakeb Technologies (Maritime Technology & Training), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Provider of AI-based drone surveillance solutions for defense and maritime sector
2017Orange, California, United StatesUSD 11.29 B–2,193
Provider of AI-driven ROVs and services for inspection of ships
2015Bristol, England, United KingdomUSD 38.48 M––
Autonomous surface vessels are developed for naval and maritime applications.
2022Austin, Texas, United StatesUSD 2.58 B–271
Hydrofoiling electric boats and ferries are manufactured for sustainable transport.
2014Stockholm, SwedenUSD 148.12 M––
Developer of integrated air surveillance radar for the military and defence industry
2017Taufkirchen, Bavaria, Germany–USD 2.89 B8,990
Cloud-based ocean sensors and exploration tools are manufactured for monitoring.
2012San Francisco, California, United StatesUSD 74.9 M––
Provider of a mobile app for marine navigation
2017Bournemouth, England, United KingdomUSD 4.6 M––
Software Platform for International Shippers
2014San Francisco, California, United StatesUSD 19.18 M––
AI-powered maritime risk analytics solutions are delivered for domain awareness.
–Tel Aviv, IsraelUSD 32.3 M––
Developer of energy storage systems (ESS) based on lithium NMC technology
2009Richmond, British Columbia, CanadaUSD 84.75 M––
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Frequently Asked Questions about Marakeb Technologies

Marakeb Technologies was founded in 2007 and raised its 1st funding round 12 years after it was founded.

Marakeb Technologies is headquartered in Sharjah, United Arab Emirates. It is registered at Sharjah, Sharjah, United Arab Emirates.

Basel Shuhaiber is the current CEO of Marakeb Technologies.

Manufacturer of outdoor and marine navigation electronics. It provides an autonomous conversion kit that can be integrated into any aerial, ground, or marine vehicle providing it with unmanned capabilities to carry out any mission across any industry. All the converted vehicles and their payloads, weapon systems, anti-drone devices, GPS equipment, cameras are fully monitored and operated in real-time from a ground control station anywhere on land or at sea, by utilizing a three-pronged approach of radio, 4G, and SATCOM communication.

Marakeb Technologies's top competitors include Ocean Power Technologies, Navico and Martek Marine.

Marakeb Technologies has 1 investor. Key investors include Strategic Development Fund.

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