# Nabtesco becomes primary shareholder in DeepSea Technologies

Nabtesco, a Japan-based automation multinational, became the primary shareholder in DeepSea Technologies, an AI optimisation company for shipping. The investment value was not disclosed.

- Type: Investment
- Announced: 2023-07-18
- Where: Greece
- Status: completed
- Products: AI optimisation software, Cassandra, Pythia
- Sectors: [Automation and Robotics](https://endata.com/sectors/automation-robotics.md)

## Companies

- [DeepSea Technologies](https://endata.com/companies/71512.md)
- [Nabtesco](https://endata.com/companies/8867.md) (investor)

## Sources

- [deepsea.ai](https://www.deepsea.ai/post/steering-the-future-of-shipping-with-nabtesco-and-deepsea), 2023-07-18: "DeepSea’s expertise and team of AI specialists are now well-known in the shipping industry, and are driving a radical improvement to vessel efficiency for their customers."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.
