11.12.2024 By: Patricia Büeler
Artikel Nummer: 51709
Investors back Syroco’s emission-cutting platform
Syroco has secured EUR 7.5 million in series A funding from Alter Equity, Seventure Partners, and previous investors to advance its AI-powered weather routing and vessel optimisation platform aimed at reducing maritime fuel consumption and CO2 emissions.
The funds will enhance Syroco's R&D efforts and accelerate international expansion. Its technology already cuts ship fuel consumption by over 10% on average, with a potential reduction of up to 25% in certain conditions.
Current clients include industry players like Socatra, Knutsen OAS Shipping, and Marfret. Backed by impact-driven investors, Syroco aims to scale its platform globally and thus make a significant contribution to the maritime industry's decarbonisation efforts. (pb)