Sedna Communications, a London, UK-based AI-driven platform for maritime and supply chain businesses, received $10M in Growth financing from CIBC Innovation Basking.
The company intends to use the funds to drive AI innovation, expand platform integrations, and support sustainable growth to better serve its customers.
Founded in 2017, Sedna helps maritime and supply chain businesses extract important data from emails, the primary mode of communication in the industry, to streamline and consolidate business decisions. Its customer base includes port agents, vessel operators, charterers, brokers, and IT managers.
The company improved its capabilities with the acquisition of Nordic IT, a company which specializes in email management solutions. This strategic move, combined with Sedna’s rapid growth, has positioned the company as the dominant provider of maritime email solutions, securing the largest customer share in the market.
FinSMEs
04/04/2025