Nautilus bags investment from Microsoft fund

By Shipping Watch

Nautilus Labs, which collaborates with Eagle Bulk Shipping, Dorian LPG and Teekay, has just raised USD 11 million in a new investment round. The largest investor is a venture fund under Microsoft. A maritime startup with several carriers on its list of customers has closed a new investment round led by a fund related to IT giant Microsoft. In total, Nautilus Labs, which collaborates with Eagle Bulk Shipping, Dorian LPG and Teekay, raised USD 11 million in a Series A round. The largest investor was Microsoft’s venture fund M12.