Wavefoil
Focuses on developing and providing bow foils that can help reduce fuel consumption, motion, and create a more comfortable experience at sea. Learn more
Launch date
Employees
Market cap
-
Enterprise valuation
CAD12—18m (Dealroom.co estimates Nov 2021.)
Company register number 917810508
Trondheim Trøndelag (HQ)
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
NOK100k | Grant | ||
NOK500k | Grant | ||
NOK3.9m | Grant | ||
€2.1m | Grant | ||
NOK18.0m | Seed | ||
NOK3.0m | Grant | ||
Total Funding | CAD7.4m |
Recent News about Wavefoil
EditMore about Wavefoil
EditProducer of retractable bow foils intended to help with fuel savings and reduced motions of vessels. The company's foils use a smart retraction mechanism with the use of light but strong composite materials that aid to generate lift when the vessel is moving up and down in waves, enabling clients to have access to a material that facilitates wave propulsion.
Keywords: Environment and Energy, New Materials and Construction, Co2 Emissions, Ghg Emissions, Ship Stability, Zero-Emission Shipping, Carbon-Based Fuel Savings, Ship Foils, Rolling, Pitching, Ship Forward Thrust, Wave Propulsion, Wave Energy, Retractable Foils.
Tech stack
Tech stackLearn more about the technologies and tools that this company uses.