Tilla, a Berlin-based maritime tech startup, announced the successful closing of a USD$2.3 million (€2 million) funding round designed to accelerate the global expansion and innovation of its crew logistics platform. The round is led by global maritime venture capital firm Motion Ventures, which recently launched a $100 million maritime tech fund, alongside a strategic investment from EXMAR, a Belgian shipping company with a long-standing reputation under the Saverys family…
The European Investment Bank (EIB) has signed two green loans with Iberdrola totaling USD$122 million (€108 million)—a USD$56 million (€50 million) loan using own funds and a USD$65 million (€58 million) loan with funds from the Regional Resilience Fund (FRA)…
A Series B financing round led by the Blue Ocean fund, managed by sustainable investor SWEN Capital Partners, reportedly raised $12m and will enable ECOsubsea, a Norwegian hull cleaning specialist to scale up its operations.While hull cleaning…
The U.S. Department of Transportation’s Maritime Administration (MARAD) announced a Notice of Funding Opportunity (NOFO) making available more than $662 million in Federal Fiscal Year (FY) 2023 funding for MARAD’s Port Infrastructure Development Program (PIDP)…
