Zepos & Yannopoulos has advised technology venture capital fund Nabtesco Technology Ventures on leading a EUR 5 million investment round into maritime technology start-up DeepSea Technologies. The Signal Group and existing investor ETF Partners participated in the round.
Nabtesco Technology Ventures is a corporate venture fund, investing primarily in robotics, motors, sensors, additive manufacturing, artificial intelligence, and IoT.
DeepSea Technologies is a Cyprus-based maritime technology company, specializing in vessel performance monitoring and optimization. According to Zepos & Yannopoulos, the investment will assist DeepSea’s further technological and product research, design, and development.
"The decision to invest in DeepSea is fully in line with our dedication to engage with promising start-ups and support talented and passionate entrepreneurs. The DeepSea team is developing innovative technologies that can make a lasting impact in the shipping industry and help the sector to overcome the severe environmental challenges that it is facing," commented Nabtesco Technology Ventures Managing Partner Hiroshi Nerima.
The Zepos & Yannopoulos team was led by Partner Athina Skolarikou and Senior Associate Antonis Giannakodimos.
The firm did not respond to our inquiry on the matter.