About Vake
Vake is a company based in Oslo (Norway) founded in 2018 by Lars Henrik Berg-Jensen and Adrian Tofting was acquired by KSAT in March 2024.. The company has 5 employees as of December 31, 2021. Vake operates in a competitive market with competitors including Marine Traffic, NYSHEX, Sinay, Ocean Infinity and PierSight, among others.
- Headquarter Oslo, Norway
- Employees 5 as on 31 Dec, 2021
- Founders Lars Henrik Berg-Jensen, Adrian Tofting
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Sectors
Transportation, Automotive & LogisticsTechnology
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Email
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Phone
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Website
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Social
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Funding Insights of Vake
- Total Funding Total Funding
- Total Rounds 2
- Last Round Grant — $59,185
- First Round First Round
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Sep, 2020 | Amount | Grant - Vake | Valuation |
investors |
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| Jun, 2020 | Amount | Seed - Vake | Valuation | Techstars |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| 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 |
investors |
Investors in Vake
Vake has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include KSAT, Techstars and Copernicus Incubation. 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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Startups across sectors are incubated by Copernicus Incubation.
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Founded Year | Domain | Location | |
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Startups are accelerated globally without sector restrictions through structured programs.
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Provider of ground station and earth observation solutionsfor polar orbiting satellites
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Founded Year | Domain | Location |
| Investor | Description | 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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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Vake
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Vake
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| 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 |
investors |
Vake Comparisons
Competitors of Vake
Vake 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 Marine Traffic, NYSHEX, Sinay, Ocean Infinity and PierSight, 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 |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Cloud based provider of marine datasets
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| domain | founded_year | HQ Location |
Software is provided for managing ocean shipping contracts online.
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| domain | founded_year | HQ Location |
Marine data is tracked and analyzed via AI-powered solutions.
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| domain | founded_year | HQ Location |
Robotic ships are provided for ocean data acquisition and analysis.
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| domain | founded_year | HQ Location |
SAR and AIS satellite constellation operated for maritime monitoring.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Vake
When was Vake founded?
Vake was founded in 2018 and raised its 1st funding round 2 years after it was founded.
Where is Vake located?
Vake is headquartered in Oslo, Norway. It is registered at Oslo, Oslo, Norway.
How many employees does Vake have?
As of Dec 31, 2021, the latest employee count at Vake is 5.
What is the annual revenue of Vake?
Annual revenue of Vake is $2.07M as on Dec 31, 2021.
What does Vake do?
Vake was founded in 2018 in Oslo, Norway, and operates in the maritime technology sector. An AI-driven platform is utilized to track ships through analysis of satellite images. Machine learning algorithms are employed to detect vessels that avoid location reporting, with image recognition techniques applied for identification. Services focus on enhancing visibility in global shipping routes.
Who are the top competitors of Vake?
Vake's top competitors include NYSHEX, PierSight and Marine Traffic.
Who are Vake's investors?
Vake has 3 investors. Key investors include KSAT, Techstars, and Copernicus Incubation.
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