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Searoutes gains €1.3 million in new venture capital funding

23 Nov, 2021

French start-up, Searoutes (SPC2020) has completed a €1.3 million financing round, led by venture capital firm WSB Beteiligungs, to support the further development of its ‘eco-calculator’, used to compute the carbon footprint of a container along its journey.

The new investment is in addition to a grant of €1.1 million awarded by the European Maritime and Fisheries Fund (EMFF) in August this year, bringing Searoutes’ total funding to date to €2.4 million.

Read the full article on Smart Maritime Network.