Wavefoil

Wavefoil

Focuses on developing and providing bow foils that can help reduce fuel consumption, motion, and create a more comfortable experience at sea. Learn more
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DateInvestorsAmountRound
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N/A

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NOK100k

Grant

NOK500k

Grant

NOK3.9m

Grant

€2.1m

Grant

NOK18.0m

Seed

NOK3.0m

Grant
Total FundingCAD7.4m

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Producer of retractable bow foils intended to help with fuel savings and reduced motions of vessels. The company's foils use a smart retraction mechanism with the use of light but strong composite materials that aid to generate lift when the vessel is moving up and down in waves, enabling clients to have access to a material that facilitates wave propulsion.

Keywords: Environment and Energy, New Materials and Construction, Co2 Emissions, Ghg Emissions, Ship Stability, Zero-Emission Shipping, Carbon-Based Fuel Savings, Ship Foils, Rolling, Pitching, Ship Forward Thrust, Wave Propulsion, Wave Energy, Retractable Foils.

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