Norway’s ECOsubsea bag €11.38M to expand its sustainable ship hull cleaning solution
Summary
Norway-based ECOsubsea, a hull cleaning specialist, announced that it has secured $12M (€11.38M) in a Series B round of funding led by the Blue Ocean fund managed by French sustainable investor SWEN Capital Partners. The company says it will use the funds to advance its eco-friendly hull cleaning services in the shipping industry. “The support from Swen Capital Partners is supercharging our quest to make sustainable hull cleaning widely available and affordable (providing customers a payback of as little as 5 days),” says Tor M. Østervold, CEO of ECOsubsea. With this recent fund injection, the company is also poised to scale up its operations and offer sustainable hull-cleaning solutions worldwide.
Funding
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