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€4.0m

Seed
Total Funding000k
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Bluefins Systems is focused on decarbonizing ocean shipping by developing whale-inspired propulsion systems. These systems utilize wave energy conversion technology, designed in collaboration with the French research institute Ifremer, to transform the pitching motion of ships into thrust. This innovative solution can be installed on various types of vessels, including container ships, bulk carriers, LNG carriers, and oil tankers, whether they are new builds or existing ships. By targeting the maritime industry, which is responsible for a significant portion of global CO2, SOx, and NOx emissions, Bluefins aims to help shipowners worldwide meet their decarbonization goals. The business model revolves around providing a reliable auxiliary propulsion system that reduces fuel consumption and greenhouse gas emissions by at least 20%. This positions Bluefins as a key player in the push towards achieving net-zero emissions by 2050.

Keywords: propulsion, decarbonization, wave energy, emissions, shipping, hydrofoil, fuel reduction, maritime, auxiliary, Ifremer.

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