Riverstone Ventures
Riverstone Ventures is a venture capital firm located in New York, specializing in early-stage climate technology companies. The firm targets investments in sectors such as electrification and storage, transportation, agriculture, emissions reduction, natural resources, and efficiency. By concentrating on these areas, Riverstone Ventures aims to support innovative solutions that address pressing environmental challenges and promote sustainable practices.
Hefring Marine is an Icelandic startup based in Reykjavík that specializes in advanced marine technology. The company offers the Intelligent Marine Assistance System (IMAS), an AI-driven software solution designed to enhance safety and efficiency for both manned and unmanned vessels. IMAS utilizes artificial intelligence, machine learning, and Internet of Things (IoT) technologies to provide real-time navigation guidance, helping operators minimize risks associated with inexperience and improving situational awareness. The system significantly reduces fuel consumption and carbon emissions, with potential savings of up to 25%, and mitigates wave slamming impacts by as much as 70%. This approach not only protects crew and passengers but also minimizes damage to vessels and equipment, ensuring a safer and more comfortable marine experience.
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