Tech Company Financing Transactions
Vela Funding Round
Vela, operating out of Bayonne, secured $43 million from Bpifrance, Crédit Mutuel Equity and private investors.
Transaction Overview
Company Name
Announced On
9/24/2024
Transaction Type
Venture Equity
Amount
$43,000,000
Round
Undisclosed
Investors
Bpifrance (Lead Investor)
Crédit Mutuel Equity (Lead Investor)
Proceeds Purpose
This strategic financing will allow the company to take a significant new step in its development by officially launching the building of its first vessel with the Australian shipyard, Austal, and strengthening its sales and operations teams in France and the United States.
Company Information
Company Status
Private & Independent
Industry
Manufacturing
Mailing Address
1 Rue De Donzac
Bayonne, 64100
France
Bayonne, 64100
France
Phone
Undisclosed
Website
Email Address
Overview
Designer and owner of sailing cargo vessels, dedicated to the most environmentally respectful solution for shipping 100% by sail. VELA is the partnership of five entrepreneurs and engineers with complementary skill sets. François has been striving for years to transfer ocean racing technologies to the maritime transport industry.
Management Team
Title
Name
Email & Social
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We do our best to report on funding rounds that are announced publicly. VC investment data records on this site are sourced from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.
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