Lener advises BOUND4BLUE on its latest funding round
09/07/2021
Lener advises BOUND4BLUE on its latest funding round
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Bound4blue secures a new round of funding to implement its rigid sail technology.
Cantabrian bound4blue has closed a financing round of more than five million euros, opening a new stage in the development and implementation of its rigid sail technology (eSAIL®) for the maritime transport industry.
The funds will be used to promote the implementation of eSAIL® technology in a market with a potential business volume of more than
66,000 million euros, thanks to which bound4blue hopes to position itself as a leading company in the assisted technologies sector wind for the maritime industry.
José Miguel Bermúdez, CEO of bound4blue, affirms that “although it has been months of hard work because the operation contained a great peculiarity that lay in the complexity of uniting the interests of all parties, since the transaction consisted of different documents and contracts signed between multiple parties: the company, the founding partners, former partners, strategic collaborators and new investors.
That is why I believe that this new round of financing will make a difference in the evolution of the Company".
Bound4blue start on this new stage thanks to the support of companies and strategic investors such as Aciturri Aeronáutica, CDTI (through its INNVIERTE program), EIT Climate KIC, the Ocean Born Foundation and ARCANO PARTNERS (through its IMASDE fund), without forgetting the support from public bodies such as the Government of Cantabria, Sodercan or the European Union.
Bound4Blue and some of the main strategic investors have been accompanied throughout the process by the legal team of the Lener Commercial Law Area, who has coordinated, developed and executed the structure of the financing operation.
