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Start-ups – Silicon Republic

Bloomberg: UK AI chips start-up Fractile could raise $600m AI chip start-up Etched raises $700m at $21bn valuation Gravis Robotics a Swiss unicorn after $200m raise Nvidia-backed CodeRabbit valued at $1.5bn after $143m funding round Sweden's Lovable valued at $13.3bn with Scaleup Europe Fund backing Coding start-up Cognition eyes $40bn valuation in new round - Bloomberg Irish co-founded legal-tech Wordsmith extends Series B to $84m Top Google minds quit to build AI that accelerates research AI cloud start-up Volta valued at $2.4bn, inks $10bn Anthropic deal Derry tech founder wins £75k Innovate UK Women in Innovation Award Finnish space-tech Iceye bags €300m from Scaleup Europe Fund EU’s $5bn Scaleup Europe Fund to begin backing companies Irish co-founded crop science start-up Wild Bio acquires F1 Seed FT: Germany’s The Exploration Company eyes $2bn valuation Irish co-founded agritech start-up Moa closes £22.2m Series C round Spain's Multiverse Computing raises $570m at $1.7bn valuation Samsung in talks to back France's Mistral at €20bn valuation - FT UK-based Humanoid secures $152m Series A funding Cambridge's CuspAI launches AI Materials Foundry, confirms $450m raise European start-ups have best quarter in four years, finds Crunchbase Munich-based fusion energy start-up Proxima raises €411m Limerick operations AI start-up WrxFlo raises €3m Jentic, Spryt, MenoPal among eight KPMG Global Tech Innovator nominees Dublin’s Everhaze secures €450k as AI assistant Lú launches in UK Dublin’s Pilot Photonics wins €10.4m EIC backing for photonic chip scale-up Open AI’s Sarah Friar among backers of Tapestry VC’s new ‘repeat founder’ $80m Fund III Cork medtech NeuroBell bags $5.5m for its AI neonatal monitor CroíValve adds $20m to Series B, taking round to $36m Ireland's TensorX bags €8m to build sovereign AI infrastructure Paris-based AI company Tsuga raises $35m in Series A funding
Irish space-tech Ubotica raises $11m to scale AI marine m...
Suhasini Srinivasaragavan · 2026-06-24 · via Start-ups – Silicon Republic

From left: Aubrey Dunne, Fintan Buckley and John Bourke. Image: Fergal Phillips

Ubotica has seen a ‘significant demand’ for its maritime intelligence platform over the past year, it said.

Irish space-tech Ubotica has raised $11m for its AI-powered platform used in maritime security, as countries around the world arm themselves with the latest to watch over their waters.

The round was led by Act Venture Capital and Greencode Ventures, with participation from existing investor Atlantic Bridge.

Ubotica offers satellites that make real-time decisions using AI. It has deployed more than 30 Earth observation models so far, ran “hundreds of thousands” of AI inferences and achieved a 100pc mission success rate, the company said.

The latest raise will be directed toward Ubotica’s live maritime intelligence platform, which enables governments and maritime agencies to detect emerging threats to critical infrastructure, including to undersea communications cables and offshore energy assets, across vast maritime territories in real time.

It works by combining orbital AI with autonomous ground-to-orbit tasking, to focus the available sensors on emerging activity, rather than relying on fixed satellite collection schedules and post-processing on Earth. Ubotica wants to bring the technology to market at scale.

The company has seen a “significant demand” for its maritime intelligence platform over the past year, it said, driven by Ubotica’s ability to enhance maritime surveillance across exclusive economic zones that are much larger than a nation’s landmass.

“Ubotica has spent years pioneering orbital AI, and we have applied that knowledge to one of the hardest security challenges on Earth – protecting vast maritime zones and critical offshore infrastructure,” said Fintan Buckley, the CEO of Ubotica Technologies.

“Live maritime intelligence predicts where risk is emerging, tasks the right satellites and sensors, and delivers decision-grade intelligence in minutes, giving security teams the speed and efficiency they need to act.”

Ubotica is a frequent collaborator with NASA and the European Space Agency, having delivered the first spacecraft to autonomously identify a target ahead and reorient itself to capture it.

Last month, the company announced a partnership with Texas-based Novi to combine its AI platform with Novi’s smart-satellite constellation to process Earth observation data directly onboard satellites.

“Ubotica has been running inference in orbit for years and transforms static Earth observation into live intelligence,” said Andrew O’Neill, principal at Act Venture Capital. O’Neill is also on Ubotica’s board.

“Nations can’t afford to wait hours for imagery while a vessel goes dark over critical infrastructure. Live maritime intelligence proves what on-board intelligence is worth – it turns Earth observation from a camera into a real-time sentinel, starting with Europe’s waters.”

Ubotica bagged the SpaceNews Icon Award for Space AI Partnership last December, alongside NASA JPL and Open Cosmos.

In April, the start-up announced a partnership with NASA for a test mission to demonstrate autonomous intelligent satellite networks.

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