Freighter sail developer raises EUR 15.9m in funding round

The company Bound4blue secures capital from the European Commission’s investment fund and Louis Dreyfus, among others, for the development of sails for merchant ships.
Bound4blue's sails will help ships reduce their fuel consumption. | Photo: bound4blue
Bound4blue's sails will help ships reduce their fuel consumption. | Photo: bound4blue

Spanish supplier Bound4blue, which develops wind sails for shipping, has just raised EUR 15.9m in a capital round with several big names.

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