CyberOwl
Sector
Digital Transformation
AI-Cybersecurity in Maritime SaaS
Investment Date
1-Feb-2022
Exit Date
25-Sep-2024 (Acquired by DNV)
Advisors:
Papapolitis & Papapolitis (GR)
Shakespeare Martineau (UK)
Rooney Nimmo (UK)
Candesic (UK)
Alter Domus (Global)
Bankers:
Barclays (UK)
For more Visit Website.
“Given CyberOwl’s focus on the maritime sector, Greece has always been a priority for us. We already work with a number of leading Greek shipping companies that are pioneering advancements in vessel digitalisation and modernisation in the quest for net zero, increased efficiency and better seafarer welfare. In 2022, we are expanding CyberOwl’s footprint in Greece in order to improve our ability to cater to the needs of shipping companies in the region. Working with a partner like Brookstreet, who has a team with deep knowledge and very broad networks in Greece, will help put rocket fuel into powering our growth. I am excited to see where this relationship takes us.”
About CyberOwl
CyberOwl develops maritime cybersecurity Internet of Things (IoT) solutions with Endpoint Security for the shipping industry which promotes ESG compliance, Net Zero efficiency and Poseidon Principles. The firm has received funding from notable investors such as Techstars, 24 Haymarket, Mercia and Brookstreet. CyberOwl is part of the UK Government's centre of excellence for cyber security innovation, the London Office for Rapid Cybersecurity Advancement (LORCA).
Brookstreet Investment in CyberOwl
Brookstreet Equity Partners LLP (“Brookstreet”) Brookstreet announces its investment in maritime cybersecurity specialist CyberOwl, alongside UK Investment Network 24Haymarket, UK Asset Manager Mercia and US VC Techstars.
Brookstreet’s Managing Partner (CEO), Omiros Sarikas stated:
“We are pleased to welcome Daniel and CyberOwl to the Brookstreet family, taking a significant investor stance. This truly international deal with notable co-investors (defined by Pitchbook as funds that have made at least three 3x Unicorn 1BN+ exits in the past five years), is a landmark transaction where Brookstreet supports a UK firm to target Greece. CyberOwl will be the leading player in the Internet of Things Software with Endpoint Security for the Maritime Industry - its technology promotes ESG compliance, Net Zero efficiency and Poseidon Principles. The firm has received major orders from Greek and International Shipowners and already secured world-wide funding in advance of the next round with detailed news released later in March. The deal with CyberOwl has significant synergies with our existing portfolio and marks a new era of investments leading to Brookstreet 2.0”.
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Oslo, 25 September 2024: "DNV, the independent assurance and risk management provider, has acquired CyberOwl, a global expert in cyber risk monitoring and threat management onboard maritime vessels. The two companies have joined forces to strengthen the cyber defences of the shipping industry by forming one of the world’s largest specialists in maritime systems cyber security” - DNV Press Release
DNV Group Revenue in 2023 amounted to NOK 31.59BN (USD 2.9BN).
Official DNV Press Release
Official CyberOwl Press Release
Brookstreet News Update
Notable Milestones of CyberOwl:
