Pole Star Receives Significant Growth Investment to Accelerate Maritime Trade Digitalisation, Surveillance & Sustainability Solutions
Pole Star Space Applications Limited (Pole Star), the leading innovator in providing cloud-based compliance software solutions to the maritime sector, announced today that Wavecrest Growth Partners and Abry Partners have successfully completed a significant growth investment in the company.
The capital will be used to accelerate hiring, scale sales, and expand product development to meet substantive and increasing demand for its related trade & commodity finance, maritime surveillance, and ESG sustainability solutions and to accelerate innovation into disruptive AI, ML, and distributed ledger technologies.
Pole Star was represented by Stifel, Nicolaus & Company, Inc. in the transaction.
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