Bound4Blue Overview

  • Year Founded
  • 2014

Year Founded

  • Status
  • Private

  • Employees
  • 83

Employees

  • Latest Deal Type
  • Later Stage VC

  • Latest Deal Amount
  • $44M

  • Investors
  • 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

Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Corporate Office
  • C/o Melampo, 2 2 4
  • Cantabria
  • 39100 Santa Cruz de Bezona
  • Spain
+34 942
Primary Industry
Marine
Other Industries
Industrial Supplies and Parts
Corporate Office
  • C/o Melampo, 2 2 4
  • Cantabria
  • 39100 Santa Cruz de Bezona
  • Spain
+34 942

Bound4Blue Timeline

2023202420252026
Financing RoundCaptured Employee CountEstimated Employee Growth

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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
To view Bound4Blue’s complete valuation and funding history, request access »

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%
To view Bound4Blue’s complete cap table history, request access »

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Bound4Blue Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Developer of eco-friendly wing sail technology designed to assist in the clean propulsion of vessels. The company's tech
Marine
Santa Cruz de Bezona, Spain
83 As of 2025

Haifa, Israel
 

Paris, France
 
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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
You’re viewing 2 of 2 competitors. Get the full list »

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
To view Bound4Blue’s complete patent history, request access »

Bound4Blue Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

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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
You’re viewing 5 of 32 investors. Get the full list »

Bound4Blue FAQs

  • When was Bound4Blue founded?

    Bound4Blue was founded in 2014.

  • Where is Bound4Blue headquartered?

    Bound4Blue is headquartered in Santa Cruz de Bezona, Spain.

  • What is the size of Bound4Blue?

    Bound4Blue has 83 total employees.

  • What industry is Bound4Blue in?

    Bound4Blue’s primary industry is Marine.

  • Is Bound4Blue a private or public company?

    Bound4Blue is a Private company.

  • 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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