Smart Green Shipping raised £1M from Drax to develop wind-assisted recyclable wingsail technology.
Amount Raised
£1 Million
Round Type
Seed
WiltshireEnergyOil And GasRenewable EnergyInvestors
Description
Drax invested £1 million into Smart Green Shipping to develop innovative wind-assisted technology aimed at decarbonising the shipping sector. The project includes the installation of lightweight, retractable wingsails designed to cut fuel use and emissions significantly.
Quick answer
Smart Green Shipping raised £1 Million in a Seed round, dated October 22, 2024. Investors: Drax. Smart Green Shipping is based in Wiltshire, England, United Kingdom.
- How much did Smart Green Shipping raise?
- Smart Green Shipping raised £1 Million in a Seed round on October 22, 2024.
- Who invested in Smart Green Shipping?
- Drax is named as investors in this round.
- What does Smart Green Shipping do?
- Smart Green Shipping is a UK-based company dedicated to developing systems and engineering solutions to reduce greenhouse gas emissions in the shipping industry.
- Where is Smart Green Shipping based and how big is it?
- Smart Green Shipping is based in Wiltshire, England, United Kingdom. Fundz records about 8 employees.
- Who are the decision-makers at Smart Green Shipping?
- Fundz holds 1 contact at Smart Green Shipping. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Energy and Oil And Gas around the same time
Companies in the same sectors as Smart Green Shipping that raised within 45 days of this round, from Fundz verified event records.
- Modern Hydrogen raised $25M on November 27, 2024.
- Hydrogen Mem-Tech raised an undisclosed amount (Equity Crowdfunding) on November 15, 2024.
- Helix Earth Technologies raised $5.6M (Seed) on November 12, 2024.
- Crusoe raised $686M on November 6, 2024.
- Ampd Energy raised $27M (Series B) on November 5, 2024.
- Crusoe raised $500M (Funding Round) on October 31, 2024.
Who to call at Smart Green Shipping, and when
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- An alert the day Smart Green Shipping raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Smart Green Shipping, from your own LinkedIn network
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Related People
Smart Green Shipping raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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