# Boundary Layer Technologies

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

- Industry: Transportation Services
- Headquarters: San Francisco, US
- Website: www.boundarylayer.tech
- Total disclosed funding: $4.8M
- Latest round: Seed (Jun 1, 2022)
- Investors on record: 3

## About

Based in California, US, and founded in 2018, Boundary Layer Technologies builds high-speed container ships using hydrofoil technology. In June 2022, Boundary Layer Technologies raised USD 4.8 million in Seed funding from Fifty Years, Lowercarbon Capital, and Soma Capital Management. Edward Kearney (CEO) and Jeremy Osborne (CTO) are the co-founders of the company.

The company sells Argo and Electra. Argo is a hydrogen-powered hydro foiling cargo ship that travels at twice the speed of conventional containerships. Electra is a 150-passenger hydrofoil electric ferry that reduces drag by half, allowing for increased range, ride quality, and zero wakes. The firm also sells Pamplemousse, which is an electric high-speed hydrofoil craft.

## Funding rounds

- Seed, Jun 1, 2022, $4.8M — Soma Capital Management, Fifty Years, Lowercarbon Capital

## Investors

- Soma Capital Management (https://capitalatlas.ai/funds/soma-capital-management) — Seed
- Fifty Years (https://capitalatlas.ai/funds/fifty-years) — Seed
- Lowercarbon Capital (https://capitalatlas.ai/funds/lowercarbon-capital) — Seed