bound4blue
bound4blue develops, manufactures and installs eSAIL® automated suction sails, a wind-assisted propulsion system for newbuild and retrofit tankers, bulkers, ro-ros, ferries, gas carriers and general cargo ships.
Spain · Company
About
bound4blue was founded in 2014 (the company history dates the idea to 2015) and is headquartered in Cantabria, Spain, with offices in Barcelona, Singapore, Shanghai and Suzhou. The first eSAIL® was installed in 2020-2021 on the fishing vessel Balueiro Segundo. In September 2023 the company raised a €22.4 million Series A, including €6.5 million of grants. Investors and supporters named include the European Investment Fund, Aciturri Aeronáutica, CDTI-Innvierte, GTT and Climate KIC. The company also receives public R&D grants from Catalan, Cantabrian and EU bodies. Marubeni is its exclusive business partner in Japan and Oceanking is its partner for Greece and Cyprus.
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