Sealence raises €7.6m in latest funding round

> Subscriber-only2024-02-01T10:22:00

Cash obtained through equity instruments, debt and grants

Italian marine propulsion firm Sealence, which has developed what it calls an ultra-efficient electric propulsion system DeepSpeed, has closed its latest funding round, raising €7,556,386 through equity instruments, debt and grants, the latter mainly supporting experimental research and industrial development activities.

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