Armada Technologies
Latest round
- Seed
Last raised
- Mar 2024
Total raised
- $2.6M
Investors
- 4
About Armada Technologies
Founded in 2020 and based in Wirral, United Kingdom, Armada Technologies Ltd operates as a provider of low-power, sustainable hull air lubrication systems for maritime vessels., Future Planet Capital, Founders Factory, and Oxford Seed Fund. Armada Technologies develops a low-power, sustainable hull air lubrication system called PALS (Passive Air Lubrication System). PALS uses a ship's movement to create a fine-tuned mix of air and water, minimizing power usage by employing small boost pumps instead of high-energy compressors. This system ensures consistent hull coverage and bubble distribution, optimizing vessel performance even in adverse conditions. PALS integrates machine learning for precise bubble management, enhancing fuel efficiency and reducing carbon emissions to support eco-friendly maritime operations.
Who invested in Armada Technologies
4 investors across 1 round
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Funding rounds
Seed
Mar 5, 2024
Amount
$2.6M
Investors
Questions about Armada Technologies
Who invested in Armada Technologies?
Armada Technologies has 4 investors on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Armada Technologies raised?
Armada Technologies has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did Armada Technologies last raise money?
Armada Technologies's most recent round on record is a Seed, in Mar 2024.
What does Armada Technologies do?
Founded in 2020 and based in Wirral, United Kingdom, Armada Technologies Ltd operates as a provider of low-power, sustainable hull air lubrication systems for maritime vessels.
Where is Armada Technologies headquartered?
Armada Technologies is headquartered in Wirral, UK.
Which VCs invest in companies like Armada Technologies?
Among active investors with capital left to deploy, Index Ventures, Forbion, European Investment Bank and Balderton Capital back industrial machinery companies at Armada Technologies's stage. Their profiles are linked below.
VCs backing industrial machinery startups at Seed
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