Ofiniti, an Oslo-based startup, has announced a $6.8 million funding round to expand its software dedicated to fuel management in the maritime sector. The company, a spin-off of DNV, stated that it managed more than 25,000 bunkering operations during 2025 and controls approximately 40% of the digital bunkering market in Singapore.

Funding Details

The funding round was led by Verb Ventures and brings Ofiniti's total capital raised to $9 million. The goal is to further develop the software platform and penetrate new port hubs globally.

The Bunkering Market

The bunkering sector, which involves refueling ships, is a complex area traditionally tied to manual and paper-based processes. The digitalization of these operations can lead to significant improvements in terms of efficiency, transparency, and error reduction.