Swedish AI company Cetasol has raised €2.3m ($2.7m) in a seed funding round to scale its AI-driven decision support and digital twin technology to reduce fuel use for ships. The investment was co-led by BackingMinds and Shift4Good, with ongoing support from existing investor Sarsia. Cetasol’s primary product, iHelm, is designed to collect data from vessels and uses the company’s digital twin technology for both vessel and engine. The system processes information through edge computing and provides the c ...