Fundz

VELA raised €40 million in a funding round led by Crédit Mutuel Impact, 11th Hour Racing & BPI – French Public Investment Bank to officially launch the building of its first vessel.

PRIVATESep 26, 2024

Amount Raised

€40 Million

Round Type

Venture

Fontaine-FrançaiseTransportationTravel

Investors

BPI – French Public Investment Bank11th Hour RacingCrédit Mutuel Impact

Description

VELA, a French company focused on sustainable maritime transport, has successfully secured €40 million in funding. The investment will support the construction of its first vessel and strengthen its sales and operations teams in both France and the United States.

Quick answer

VELA raised €40 Million in a funding round, dated September 26, 2024. Investors: BPI – French Public Investment Bank, 11th Hour Racing and Crédit Mutuel Impact. VELA is based in Fontaine-Française, Bourgogne-Franche-Comté, France.

How much did VELA raise?
VELA raised €40 Million in a funding round on September 26, 2024.
Who invested in VELA?
BPI – French Public Investment Bank, 11th Hour Racing and Crédit Mutuel Impact are named as investors in this round.
What does VELA do?
VELA is a pioneering French company specializing in 100% wind-powered maritime transport.
Where is VELA based and how big is it?
VELA is based in Fontaine-Française, Bourgogne-Franche-Comté, France. Fundz records about 161 employees.
Who are the decision-makers at VELA?
Fundz holds 1 contact at VELA. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Transportation and Travel around the same time

Companies in the same sectors as VELA that raised within 45 days of this round, from Fundz verified event records.

  • ZoomCar raised $9.2M on November 7, 2024.
  • ZoomCar raised $200K (Post-IPO Equity) on November 7, 2024.
  • ZoomCar raised $9.2M (Post-IPO Equity) on November 6, 2024.
  • Radical Storage raised $7M (Series A) on October 25, 2024.
  • Joby Aviation raised $500M (Funding Round) on October 4, 2024.
  • Joby Aviation raised $500M on October 1, 2024.

Who to call at VELA, and when

A new round usually means VELA is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day VELA raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at VELA, from your own LinkedIn network

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Company Information

Company

VELA

Location

Fontaine-Française, Bourgogne-Franche-Comté, France

About

VELA is a pioneering French company specializing in 100% wind-powered maritime transport. Founded in November 2022, it aims to provide sustainable and socially responsible maritime transportation solutions while significantly reducing CO2 emissions. VELA places emphasis on supporting seafarers with French social protections, making it a leader in integrating innovation and sustainability in the maritime sector. The company plans to launch the world's largest sailing cargo trimaran, which promises fast and reliable transportation.

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Predictive Intelligence
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ML-powered predictions for VELA's next move

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VELA 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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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.