Vela Secures €40M to Construct Sailing Cargo Trimaran
Vela, a French company at the forefront of wind-powered maritime transportation, has successfully concluded a funding round, raising €40 million (US$43 million). The investment, led by Crédit Mutuel Impact, 11th Hour Racing, and the French public investment bank BPI,...
A Wave of Innovation in Ship Propulsion
The shipping industry has been slow to embrace fuel innovation. Ships, in particular larger vessels, are extremely heavy and often only suited to traditional fuels. But there’s been a recent wave of news about novel, greener technologies becoming available. Methanol...
Recent News
Europe Emerges as Climate Tech Funding Leader Amid Global Slowdown
New Coalition to Harness AI for Industrial Decarbonization
Europe’s Critical Minerals Crunch: Can Innovation Bridge the Supply Gap?
COP29: A “Mixed Bag” of Momentum and Challenges
Spotlight on Startupbootcamp: One of The World’s Largest Accelerators