ZeroNorth's Electronic Bunker Delivery Note
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ZeroNorth's Electronic Bunker Delivery Note - overview
Established
2023
Location
-, -, Denmark
Primary Industry
Software
About
Based in Denmark, ZeroNorth's Electronic Bunker Delivery Note, operates as a digital processing and verification service for bunkering transactions. Founded in 2023, ZeroNorth's Electronic Bunker Delivery Note is based in Denmark and specializes in digital solutions for the maritime industry. The company offers a platform that revolutionizes traditional bunker delivery documentation. In September 2026, ZeroNorth's Electronic Bunker Delivery Note was acquired by Ofiniti AS, enabling the integration of its technology into Ofiniti's Bunker Operating System.
ZeroNorth specializes in digital solutions for the maritime industry, primarily through its flagship product, the electronic Bunker Delivery Note (eBDN). Launched in November 2023, the eBDN provides a structured, verified digital record for bunker delivery transactions, facilitating the capture, validation, signing, and blockchain verification of data. The platform targets a wide range of maritime stakeholders, including bunker suppliers, vessels, surveyors, and port authorities, enhancing operational efficiency and compliance across the bunker delivery workflow. ZeroNorth generates revenue primarily through a subscription-based model for its eBDN service, targeting maritime organizations that require streamlined bunker delivery documentation.
Transactions typically occur between bunker suppliers and clients, such as shipping companies and ports, who utilize the eBDN to automate processes including record-keeping and payment initiation. The platform allows delivery data to be automatically transferred into procurement systems, resulting in faster settlement cycles and fewer discrepancies. The company plans to expand its technology and presence in Singapore following its acquisition by Ofiniti AS. Current initiatives include integrating ZeroNorth’s eBDN technology into Ofiniti’s Bunker Operating System to enhance operational capabilities.
Primary Industry
Software
Sub Industries
Logistics Software, Analytics & Performance Software, Application Integration Software
Website
www.zeronorth.com/ebdn
Verticals
Artificial Intelligence, Big Data, Clean Technology, Cloud Computing, IoT (Internet of Things), Mobile Apps, RegTech
Company Stage
Add-on
Total Amount Raised
Subscriber access only
ZeroNorth's Electronic Bunker Delivery Note - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on, Corporate Carve Out, Trade Sale | Announced | ZeroNorth's Electronic Bunker Delivery Note | - |
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