UK's DRIFT Energy secures £4.65m seed funding to develop wind-harnessing vessels for green hydrogen production.

DRIFT Energy, a UK green energy startup, secured £4.65m ($6m) seed funding led by Octopus Ventures, with support from Blue Action Accelerator. This investment enables the company to produce high-performance sailing vessels that harness deep ocean wind to create green hydrogen for global delivery, addressing demand in sectors such as heavy industry, transportation, and manufacturing. DRIFT Energy's unique vessel routing algorithm ensures optimal weather conditions and efficient hydrogen production.

August 18, 2024
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