Signal Maritime, Flagship Founders partner to develop tech start-ups

Signal and Flagship Founders are combining their respective strengths. Signal Ocean’s data platform will play an important role in the development and scaling of ideas. The companies also expect the partnership to provide mutual support in the areas of regional network access, sector-specific expertise and talent acquisition.

Mr Feldhaus said, “We also complement each other perfectly: Signal is one of the most innovative maritime technology players and covers the whole spectrum from commercial and operational to VC investment and corporate venture building. Whereas we bring a start-up background, have proven our skills in building scalable business models with clear customer benefits, and are very well-connected in Germany. In combination, this results in a big win for both sides."

Signa vice president of ventures Nikolas Pyrgiotis added, “The maritime ecosystem is global, but start-up ecosystems are mostly local and tend to operate in silos. Coalitions like this are important to gain access to new investment opportunities and complement expertise and network reach. We believe the shipping and technology depth of Signal coupled with data from The Signal Ocean Platform will accelerate the development of Flagship Founders’ ventures and together we will advance venture building for maritime technology start-ups worldwide."

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