Bound4Blue Overview
- Year Founded
-
2014
- Status
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Private
- Employees
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83
- Latest Deal Type
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Later Stage VC
- Latest Deal Amount
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$44M
- Investors
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32
Bound4Blue General Information
Description
Developer of eco-friendly wing sail technology designed to assist in the clean propulsion of vessels. The company's technology produces thrust from existing wind by reducing the main engine power, which helps in the reduction of fuel consumption and pollutant emissions, enabling boat sailors to produce hydrogen and oxygen cleanly, employing the electrolysis of seawater.
Contact Information
Website
www.bound4blue.comCorporate Office
- C/o Melampo, 2 2 4
- Cantabria
- 39100 Santa Cruz de Bezona
- Spain
Corporate Office
- C/o Melampo, 2 2 4
- Cantabria
- 39100 Santa Cruz de Bezona
- Spain
Bound4Blue Timeline
Bound4Blue Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 16. Later Stage VC | 09-Dec-2025 | $44M | Completed | Generating Revenue | ||
| 15. Accelerator/Incubator | Completed | Generating Revenue | ||||
| 14. Accelerator/Incubator | Completed | Generating Revenue | ||||
| 13. Later Stage VC (Series A) | 01-Sep-2023 | Completed | Generating Revenue | |||
| 12. Later Stage VC | 30-Jun-2021 | Completed | Generating Revenue | |||
| 11. Grant | 16-Jun-2021 | Completed | Generating Revenue | |||
| 10. Later Stage VC | 28-Feb-2020 | Completed | Generating Revenue | |||
| 9. Accelerator/Incubator | 12-Apr-2019 | Completed | Generating Revenue | |||
| 8. Early Stage VC (Series B) | 10-Sep-2018 | $1.5M | $1.94M | Completed | Product Development | |
| 7. Grant | 28-Aug-2018 | $934K | $435K | Completed | Product Development |
Bound4Blue Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Ordinary | ||||||||
| Ordinary | ||||||||
| Ordinary | ||||||||
| Ordinary | 111,836 | $0.010906 | $10.55 | $10.55 | 1x | $10.55 | 12.77% | |
| Ordinary | 25,442 | $0.010906 | $10.52 | $10.52 | 1x | $10.52 | 2.9% |
VC Exit Predictor
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Bound4Blue Comparisons
Industry
Financing
Details
Bound4Blue Competitors (2)
One of Bound4Blue’s 2 competitors is NayamWings, a Accelerator/Incubator Backed company based in Haifa, Israel.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| NayamWings | Accelerator/Incubator Backed | Haifa, Israel | ||||
| Computed Wing Sail | Venture Capital-Backed | Paris, France |
Bound4Blue Patents
Bound4Blue Recent Patent Activity
| Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
|---|---|---|---|---|---|
| WO-2026162855-A1 | Sail for boats | Pending | 28-Jan-2025 | ||
| ES-3075223-A1 | Sail for boats (machine-translation by google translate, not legally binding) | Pending | 28-Jan-2025 | ||
| ES-3069716-A1 | Wind propulsion device for ships (machine-translation by google translate, not legally binding) | Pending | 10-Dec-2024 | ||
| AU-2025374361-A1 | Wind propulsion device for watercraft | Pending | 10-Dec-2024 | ||
| EP-4793166-A1 | Wind propulsion device for watercraft | Pending | 10-Dec-2024 | B63H9/061 |
Bound4Blue Signals
Bound4Blue Investors (32)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| Katapult Ocean | Venture Capital | Minority | ||
| OCTAVE Capital (Singapore) | Venture Capital | Minority | ||
| Odfjell | Corporation | Minority | ||
| ReOcean Fund | Venture Capital | Minority | ||
| Seabird Ventures | Impact Investing | Minority |
Bound4Blue FAQs
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When was Bound4Blue founded?
Bound4Blue was founded in 2014.
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Where is Bound4Blue headquartered?
Bound4Blue is headquartered in Santa Cruz de Bezona, Spain.
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What is the size of Bound4Blue?
Bound4Blue has 83 total employees.
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What industry is Bound4Blue in?
Bound4Blue’s primary industry is Marine.
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Is Bound4Blue a private or public company?
Bound4Blue is a Private company.
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What is Bound4Blue’s current revenue?
The current revenue for Bound4Blue is .
-
How much funding has Bound4Blue raised over time?
Bound4Blue has raised $77.2M.
-
Who are Bound4Blue’s investors?
Katapult Ocean, OCTAVE Capital (Singapore), Odfjell, ReOcean Fund, and Seabird Ventures are 5 of 32 investors who have invested in Bound4Blue.
-
Who are Bound4Blue’s competitors?
NayamWings and Computed Wing Sail are competitors of Bound4Blue.
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