Swedish green-tech company Cetasol secures €2m seed round to accelerate sustainability in maritime segment

June 7, 2024

Cetasol, a green-tech company, has secured €2M in seed funding from investors Sarsia, ShipsFocus, and Impact X Capital to enhance maritime sustainability. The funding will double R&D efforts and optimize AI and software for global sales of their iHelm solution, which reduces fuel consumption by 10-25%. The iHelm platform provides real-time insights and support for energy optimization, applicable to any vessel. This investment aims to scale Cetasol’s innovative technology and promote sustainable practices in the maritime industry.

For more details, visit Cetasol’s press release.