bound4blue develops automated wind-assisted propulsion systems as a turnkey solution for all shipowners and shipping companies seeking to reduce fuel costs and polluting emissions. bound4blue’s eSAIL® system is a validated solution for saving fuel and emissions, completely autonomous, with low maintenance and easy installation onboard, being the most cost-efficient wind propulsion technology today. It is suitable for Tankers, Bulkers, Ro-Ros, Cruises, Ferries, Gas Carriers, and General Cargo vessels, regardless of their size or age. The company, founded in 2014 with a vocation clearly focused on the renewable energy sector in the maritime field, has its headquarters in Cantabria (Spain) and offices in Barcelona and Singapore. The company has installed its eSAIL® system on three ships and has signed additional agreements with other shipowners like Marubeni Corporation, Odfjell and Louis Dreyfus Armateurs to install the system on their fleets. Show more Show less
$17M sweet spot round size
2014
$17M
from 2 investors over 1 rounds
bound4blue raised $17M on October 7, 2023
Investors: GTT Strategic Ventures and + 7 Other investors