Cetasol

SoftwareSeedGothenburg, Swedencetasol.com

Latest round

Seed

Last raised

Sep 2025

Total raised

$4.8M

Investors

5

About Cetasol

Cetasol AB provides advanced monitoring solutions for the maritime industry.Cetasol primarily offers innovative solutions aimed at enhancing maritime sustainability, with its core products being the iHelm platform and the Cetafuel virtual fuel reading system. The iHelm platform leverages advanced analytical data models to optimize vessel operations and minimize environmental impact, addressing the significant challenges of fuel consumption and emissions within the maritime industry. Cetafuel provides capabilities for virtual fuel readings, enabling shipowners to manage fuel efficiency without relying on traditional sensors. These products are designed for various stakeholders in the maritime industry, including shipping companies and fleet operators, who are seeking to comply with stringent International Maritime Organization (IMO) regulations on emissions.Cetasol's revenue model is structured around subscription-based access to its software solutions, which allows customers to utilize the iHelm platform and Cetafuel services. Clients typically enter into contractual agreements that facilitate access to these digital tools, which are pivotal for real-time insights and reporting on fuel consumption and emissions management. The transactions are primarily B2B, involving direct relationships with shipping companies and fleet managers who require ongoing support for compliance and optimization. Pricing plans are tailored to the needs of individual clients based on the scale of their operations and the specific features utilized within the platform.Cetasol AB aims to expand its product offerings and enter new geographic markets. The company is designing additional features for the iHelm platform, with potential launches planned within the next year to enhance user experience and sustainability metrics.30 mn will be utilized to support these product developments and facilitate entry into new markets, particularly in Asia and North America, by the end of 2024.

Who invested in Cetasol

5 investors across 2 rounds

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Funding rounds

  1. Seed

    Sep 10, 2025

    Amount

    $2.7M

    Investors

    Locked

  2. Seed

    Apr 29, 2024

    Amount

    $2.1M

    Investors

    Locked

Questions about Cetasol

Who invested in Cetasol?

Cetasol has 5 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Cetasol raised?

Cetasol has raised 2 venture rounds. Sign up free to see how much each round raised and the total.

When did Cetasol last raise money?

Cetasol's most recent round on record is a Seed, in Sep 2025.

What does Cetasol do?

Cetasol AB provides advanced monitoring solutions for the maritime industry.

Where is Cetasol headquartered?

Cetasol is headquartered in Gothenburg, Sweden.

Which VCs invest in companies like Cetasol?

Among active investors with capital left to deploy, Index Ventures, European Investment Bank, Balderton Capital and Sofinnova Partners back software companies at Cetasol's stage. Their profiles are linked below.

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