Lookout forms advisory board following latest funding round
The advisory board includes representatives from shipping and marine electronics Lookout – a firm specialising in artificial intelligence for marine safety – has completed a new funding round backed by more than 10 marine industry investors and has established an advisory board as it prepares for further expansion.
The company says the funding will support entry into additional markets, growth of its distributor network, development of strategic partnerships and continued work on AI-powered perception technology for marine applications.
The newly formed advisory board includes professionals with backgrounds in marine electronics, defence, distribution and commercial shipping. Members include Rich Miner, inventor of Android; John Mauger, retired US Coast Guard rear admiral; Gray Chynoweth, a naval officer; Drew Orvieto of Siemens Energy; Evan Efstathiou, a commercial shipping entrepreneur; and Louis Chemi, a marine industry executive and senior leader at Brunswick Corporation.
“We’re thrilled with the continued growth of Lookout and we look forward to extending our reach with new funding, our advisory board and expanded team,” says David Rose, CEO of Lookout. “Nearly every Lookout investor uses the product on their personal boats. They didn’t just back an innovative concept. They benefit from Lookout firsthand.”
Lookout claims its technology can detect and track ‘every’ marine hazard, such as debris, whales, people in the water, buoys, and – of course – other vessels.
The firm was named the winner of the National Marine Manufacturers Association (NMMA) 2025 Innovation Award for Marine Electronics at IBEX.
Leave a Reply