Ayro
Latest round
- Series B
Last raised
- Sep 2023
Total raised
- $20M
Investors
- 7
About Ayro
Based in Paris, France, and founded in 2018 by Marc Peteghem, Ayro SAS operates as a manufacturing company that develops Oceanwings to help ship industries lessen their carbon emissions and save fuels. AYRO is a company that develops and manufactures wind propulsion systems for ships. The company's mission is to help the shipping industry reduce its carbon footprint by enabling lower emissions for all types and sizes of ships. The company's wind propulsion systems, called Oceanwings, are designed to be installed on existing ships and newbuilds that can reduce fuel consumption and CO2 emissions by up to 45%.
Who invested in Ayro
7 investors across 1 round
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Funding rounds
Series B
Sep 26, 2023
Amount
$20M
Investors
Questions about Ayro
Who invested in Ayro?
Ayro has 7 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 Ayro raised?
Ayro has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did Ayro last raise money?
Ayro's most recent round on record is a Series B, in Sep 2023.
What does Ayro do?
Based in Paris, France, and founded in 2018 by Marc Peteghem, Ayro SAS operates as a manufacturing company that develops Oceanwings to help ship industries lessen their carbon emissions and save fuels.
Where is Ayro headquartered?
Ayro is headquartered in Paris, France.
Which VCs invest in companies like Ayro?
Among active investors with capital left to deploy, Index Ventures, Forbion, European Investment Bank and Generation Investment Management back industrial machinery companies at Ayro's stage. Their profiles are linked below.
VCs backing industrial machinery startups at Series B
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