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CITY A.M. reports:

Maritime technology firm Windward has announced today its intention to IPO on AIM on 6 December with a market cap of £126.5m. 

The Israel-based company has raised £34.5m from institutional investors, including Hargreave Hale, Gresham House, Premier Miton and NinetyOne. The funds will be used to expand its data sources, develop its technology and invest in sales and marketing.

Chaired by Lord Browne, ex chief executive of BP, other investors include Marc Benioff, the Salesforce chief exec, Aleph, Israel’s leading VC, and the two founders, ...

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