Nautiluslog to raise €1.1 million from Nbank Capital and local investors from Germany.

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Nautiluslog, a Hamburg, Germany-based developer of a software application for the maritime industry, announced completing a funding totalling €1.1 million ($1.3M).

The money was raised from investors from Germany, including the investment arm of Nbank and business angel whose name was not disclosed.

Nautiluslog, founded in 2018 by CEO Otto Klemke, developer a mobile app that supports both the crew on board ships and their management on land by tracking ships and automatically generating events and tasks. The company was previously backed by TecPier.

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