UK ocean intelligence startup NeuWave Technologies has raised £550,000 in pre-seed funding to tackle one of the offshore industry’s costliest bottlenecks: inaccurate wave forecasts that stall projects and waste billions annually.
Backed by EHE Ventures’ AI Growth Fund, alongside Insurtech Gateway and QVentures, the investment will fuel product development, commercial rollout, and key technical hires.
At the heart of NeuWave’s platform is a proprietary AI-powered forecasting engine that delivers wave condition predictions with up to 20x more accuracy than standard marine models, refreshing forecasts in minutes rather than hours. These real-time insights unlock smarter decisions across navigation planning, emergency rerouting, and metocean reporting, helping operators reduce downtime, protect assets, and de-risk offshore investments.
