Vake

Oslo, Norway Founded: 2018 • Age: 8 yrs Acquired By KSAT
Provider of AI-based ship tracking solution
Annual revenue $2.1M Latest available
Total funding - 2 rounds
Employees 5 Tracked headcount
Investors 3 Known backers
Products - Services tracked
Competitors 9 Brand Intelligence

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
  • Sectors
    Transportation, Automotive & Logistics
    Technology
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
Operational Areas
Transportation, Automotive & Logistics → Supply Chain, Freight & Logistics Unlock Sub-Sector Unlock Segment
Transportation, Automotive & Logistics → Maritime, Ports & Shipping Unlock Sub-Sector Unlock Segment
Technology → Cloud, Data & Analytics Infrastructure Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $2.07 M (USD)
    108
    as on Dec 31, 2021
  • Net Profit
    -$1.11 M (USD)
    -33
    as on Dec 31, 2021
  • EBITDA
    -$1.33 M (USD)
    -128
    as on Dec 31, 2021
  • Latest Funding Round
    $59.19 K (USD), Grant

    Sep 11, 2020

  • Investors
    KSAT

    & 2 more

  • Employee Count
    5

    as on Dec 31, 2021

  • Acquired by
    KSAT

    (Mar 20, 2024)

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People of Vake

Headcount 1-10
Employee Profiles 3
Employee Profiles
People
Thomas Leira
Co-Founder & CEO
People
Tugba Gunes
Chief Commercial Officer (CCO)
People
Odd Eirik Igland
Chief Information Officer

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Teams

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Funding Insights of Vake

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.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Startups across sectors are incubated by Copernicus Incubation.
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Startups are accelerated globally without sector restrictions through structured programs.
Locked Locked Locked
Provider of ground station and earth observation solutionsfor polar orbiting satellites
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Investor details for Vake

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Investments & Acquisitions by Vake

Investments
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Investment portfolio details for Vake

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Financial Statements - Vake

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Detailed financials for Vake

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Vake Comparisons

Vake Primary company
Description
Provider of AI-based ship tracking solution
Location
Oslo, Norway
Founded Year
2018
Annual Revenue
$2.07 M (USD)
Net Profit
-$1.11 M (USD)
EBITDA
-$1.33 M (USD)
Employees
5
As of 2021
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Peer comparison for Vake

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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.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
Cloud based provider of marine datasets
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Software is provided for managing ocean shipping contracts online.
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Marine data is tracked and analyzed via AI-powered solutions.
Locked Locked Locked
Robotic ships are provided for ocean data acquisition and analysis.
Locked Locked Locked
SAR and AIS satellite constellation operated for maritime monitoring.
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Detailed competitors of Vake

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Latest news on Vake

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Complete news archive for Vake

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Frequently Asked Questions about Vake

Vake was founded in 2018 and raised its 1st funding round 2 years after it was founded.

Vake is headquartered in Oslo, Norway. It is registered at Oslo, Oslo, Norway.

As of Dec 31, 2021, the latest employee count at Vake is 5.

Annual revenue of Vake is $2.07M as on Dec 31, 2021.

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.

Vake's top competitors include NYSHEX, PierSight and Marine Traffic.

Vake has 3 investors. Key investors include KSAT, Techstars, and Copernicus Incubation.

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