# Armada Technologies

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/armada-technologies

- Industry: Industrial Machinery
- Headquarters: Wirral, UK
- Website: www.armada-technologies.com
- Total disclosed funding: $2.6M
- Latest round: Seed (Mar 5, 2024)
- Investors on record: 4

## About

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. In May 2024, Armada Technologies Ltd raised USD 3.2 million in seed funding led by Cool Company, with participation from Ecochlor, Inc., 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.

The company intends to use the May 2024 funding to expand its market reach and improve research and development efforts.

## Funding rounds

- Seed, Mar 5, 2024, $2.6M — Future Planet Capital, Oxford Seed Fund, Cool Company, Founders Factory

## Investors

- Future Planet Capital (https://capitalatlas.ai/funds/future-planet-capital) — Seed
- Oxford Seed Fund (https://capitalatlas.ai/funds/oxford-seed-fund) — Seed
- Cool Company — Seed
- Founders Factory (https://capitalatlas.ai/funds/founders-factory) — Seed