BearingPoint Inc.

12/02/2024 | Press release | Distributed by Public on 12/02/2024 01:02

BearingPoint partners with Smart Ocean to provide technology review and strategic analysis in support of their 2025 capital raise

Oslo, November 26, 2024 - Management and technology consultancy BearingPoint is excited to announce its new partnership with Smart Ocean, a leading innovator in digitizing the oceans through smart buoys technology. This collaboration will see BearingPoint supporting Smart Ocean with comprehensive technology and strategic insights for their capital-raising initiatives planned for 2025.

Partnering with BearingPoint marks an exciting step forward for us as we scale our ocean monitoring technology to drive impactful change.

Tore Halvorsen, Co-Founder and Chief Executive Officer at Smart Ocean

We are honored to be chosen by Smart Ocean, the distinctive category leader in smart buoys, as their strategic partner during this pivotal time in their growth. Their innovative buoy solution and sector-leading technology have the potential to transform ocean data collection, enhancing operations and environmental impact across industries like fisheries, aquaculture, research, and defense.

Thomas Bagley, Partner at BearingPoint

Smart Ocean has a clear vision for digitizing the ocean, and we are thrilled to partner with them to turn that vision into reality. Our focus in this partnership will be on identifying additional growth avenues, verifying their technology and validating their strategic approach.

Roy Emeka, Head of BearingPoint Capital, Norway

About Smart Ocean

Smart Ocean AS is a leading innovator within ocean data gathering and insights, offering buoys for monitoring the ocean space above and below the surface. Data is gathered by sensors integrated with the smart buoy and communicated in real-time via mobile network and Iridium satellite. Based in Grimstad, Norway, Smart Ocean is developing world-leading software and IoT solutions. In March 2024 Smart Ocean was announced as the winner of the EU Blue Invest Award for best "Blue Deep Tech and Ocean Observations", and in May 2024, Smart Ocean was recognized as a "Blue Champion" by the EU Commission and the European Investment Bank (EIB) for their innovative contributions to the ocean economy.

For media inquiries regarding Smart Ocean, please contact Tore Halvorsen at [email protected].

About BearingPoint

BearingPoint is an independent management and technology consultancy with European roots and a global reach. The company operates in three business units: Consulting, Products, and Capital. Consulting covers the advisory business with a clear focus on selected business areas. Products provides IP-driven digital assets and managed services for business-critical processes. Capital delivers M&A and transaction services.

BearingPoint's clients include many of the world's leading companies and organizations. The firm has a global consulting network with more than 10,000 people and supports clients in over 70 countries, engaging with them to achieve measurable and sustainable success.

BearingPoint is a certified B Corporation, meeting high standards of social and environmental impact.

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