Marine Link
Friday, August 16, 2024

$6M to Fund Green Hydrogen Producing Vessel

Maritime Activity Reports, Inc.

August 16, 2024

DRIFT Energy’s fleet of net positive ships (MVY – Most Valuable Yachts). Photo credit: DRIFT Energy

DRIFT Energy’s fleet of net positive ships (MVY – Most Valuable Yachts). Photo credit: DRIFT Energy

DRIFT Energy, a British startup set to make green energy at sea using sailing vessels, reports it has closed its seed funding round, led by Octopus Ventures, brining in $6m and enabling it to start vessel production in 2025.

DRIFT Energy is committed to driving the transition to clean energy worldwide by deploying a fleet of high-performance sailing vessels that harness deep ocean wind to produce green hydrogen at sea and deliver it globally.