The article discusses XOcean, a Canadian startup that has developed a marine data platform powered by artificial intelligence (AI) and robotics. The company has raised $49 million in a Series B funding round led by S2G Ventures. XOcean’s platform collects data from the ocean using autonomous underwater vehicles and analyzes it using AI to provide insights to customers in industries like offshore wind, oil and gas, and government agencies. The company’s pitch deck highlights the growing demand for ocean data, the limitations of traditional methods, and how XOcean’s AI-powered platform can provide more accurate and cost-effective solutions. The key takeaways include XOcean’s focus on sustainability, its partnerships with leading companies and research institutions, and its plans to expand globally and develop new AI-powered products and services for marine data collection and analysis.
Source: https://www.businessinsider.com/pitch-deck-xocean-marine-data-platform-s2g-ventures-2025-1