Maritime startup AyeAye Systems, based in the Netherlands, has secured a 200,000 euros ($217,687) convertible loan from the Innovation Fund North Holland to further develop its all-in-one boat system called AyeAye. The system integrates various maritime hardware providers into a single platform, enabling the development of new applications to enhance safety on the water. AyeAye Systems will use the grant to test the boat system, with support from its partner METIP (Maritime Emerging Technologies Innovation Park) in Den Helder, Netherlands. METIP provides financial contribution, housing, coaching, and access to a network of maritime organizations. AyeAye Systems aims to revolutionize the maritime sector by improving access, usability, and connectivity for sailing yachts.

Summary: Netherlands-based maritime startup AyeAye Systems secures a $217,687 convertible loan from the Innovation Fund North Holland to advance its all-in-one boat system, AyeAye. The system integrates disparate maritime hardware providers and aims to enhance safety on the water. Supported by METIP, AyeAye Systems seeks to simplify installation and provide a wide range of features, addressing the outdated technology and high costs associated with outfitting sailboats. The startup aims to make a positive contribution to the recreational sector and promote sustainable sailing practices.