Seed · IoT & Sensors · Lisbon, Portugal · Founded 2021 · 11–50 employees
Nortech AI is a Norwegian-Portuguese startup that provides AI-driven IoT solutions to optimize operations in maritime and asset-heavy industries. Founded in 2021, the company offers plug-and-play solutions for fuel consumption optimization, navigation, equipment maintenance, and real-time data analytics. The startup has successfully raised €2.5 million in seed funding from prominent climate tech investors Indico Capital Partners and Earlybird-X in October 2023. Their platform simplifies digitalization for industries by providing scalable data models built with live operational data, enabling businesses to make data-driven decisions and reduce greenhouse gas emissions.