SynMax Raises $13 Million in Funding

SynMax, a Houston, Texas-based data intelligence company specializing in maritime and energy intelligence, raised $13 million at a $50 million pre-money valuation.

The round was led by energy trader Bill Perkins and included participation from Alex Moore, co-founder of Palantir.

SynMax Use of Funds

The company plans to use the funding to further develop its innovative products, including Theia (maritime intelligence), Hyperion (oil and gas intelligence), Vulcan (coal inventory tracking), and Leviaton (LNG maritime intelligence).

Based in Houston, Texas, with offices in London and New York, SynMax is a data intelligence company specializing in maritime and energy intelligence. By integrating advanced satellite imagery and AI, SynMax delivers unparalleled insights into maritime operations, oil and gas development, coal inventory, and LNG flows, enabling businesses and organizations to make data-driven decisions with precision and confidence.

Funding Details

Company: SynMax

Raised: $13.0M

Round: Unknown

Funding Month: January 2024

Lead Investors: Bill Perkins

Additional Investors: Alex Moore

Company Website: https://www.synmax.com/

Software Category: Geospatial Intelligence and Analytics