Financials

Estimates*

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Revenues, earnings & profits over time
USD2020202120222023
Revenues<1m<1m<1m<1m
% growth-100 %--
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DateInvestorsAmountRound
-

N/A

-

$25.0k

Grant

$25.0k

Convertible

$900k

Seed

$210k

Convertible

$170k

Convertible

N/A

Support Program
N/A

$150k

Convertible

$150k

Convertible
N/A

$250k

Grant

$250k

Seed
Total FundingCAD2.9m

Recent News about Buffalo Automation

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Buffalo Automation is a pioneering company in the field of autonomous navigation technology, specializing in embedded software systems for commercial vessels, recreational boats, ferries, and ports. The company operates in the maritime industry, providing solutions that improve safety and enable autonomous operations. Buffalo Automation's flagship product, AutoMate, is an advanced sensor system that uses artificial intelligence (AI) to offer situational awareness and decision support. AutoMate serves as an automated lookout, assisting with docking and providing real-time draft measurements. It is a turnkey aftermarket retrofit solution aimed at commercial vessel operators who seek to enhance safety, optimize cargo loading, and allow crews to focus on more critical tasks. The system can detect impending collisions using a low-cost modular bow camera paired with advanced image perception AI, offering peace of mind to users. Additionally, AutoMate can monitor activities like wakeboarding or waterskiing using a stern camera, thereby increasing safety and enhancing the overall experience. The technology also enables teleoperation and remote control from any device with a web browser, whether onboard or onshore, provided there is connectivity. Buffalo Automation has also launched Europe's first fully autonomous robotaxi service in the Netherlands, in collaboration with Future Mobility Network, opening the door for cities across the EU to adopt this groundbreaking form of transportation.

Keywords: autonomous navigation, maritime safety, AI technology, commercial vessels, recreational boats, ferries, ports, situational awareness, teleoperation, robotaxi service.

Tech stack

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Tech stackLearn more about the technologies and tools that this company uses.