Press Release

MarineLabs Closes $4 Million Investment from BDC and InBC Enabling Coastal AI at Scale

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BDC and InBC back Canadian-made technology with an additional $4 million to expand MarineLabs’ sensor network and accelerate North American growth   Victoria, BC, October 22, 2025 – MarineLabs, a leader in maritime weather intelligence technology, has raised a $4-million seed extension led by BDC Capital’s Sustainability Venture Fund with participation from InBC Investment Corp. […]

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MarineLabs Launches CoastAware™ BuoyCam

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MarineLabs Launches CoastAware™ BuoyCam, the First Scalable, End-to-end Ocean Camera Data Product, Providing 360-Degree Real-Time Views. BuoyCam is currently being beta tested through $1.1M trial with Canadian Coast Guard and funded by the Innovative Solutions Canada (ISC) Test Stream. B.C.-based ocean technology startup, MarineLabs Data Systems has launched its new BuoyCam service, the first scalable,

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Scott Beatty

CEO

Dr. Beatty is a Canadian ocean deep-tech entrepreneur with over 18 years of experience in Marine industrial and R&D sectors. Under his leadership, MarineLabs has grown into a thriving company operating a North America wide fleet of MarineLabs sensors that provide coastal data at the world’s highest resolution.  He has internationally recognized expertise and leadership in marine technology; with patents and highly cited publications on wave energy conversion technologies, test programs, and field campaigns. He served as convener of IEC standards technical committees and as a technical judge and reviewer for US Dept. of Energy, Wave Energy Scotland, and Canadian Federal Agencies allocating over 75M in funds.

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