Smart Green Shipping

Devizes, United Kingdom Founded: 2019 • Age: 7 yrs
Auxiliary sails for ship propulsion systems are developed.
Annual revenue - Latest available
Total funding $4.9M 5 rounds
Employees - Tracked headcount
Investors 3 Known backers
Products 4 Services tracked
Competitors 8 Brand Intelligence

About Smart Green Shipping

Smart Green Shipping is a company based in Devizes (United Kingdom) founded in 2019 by Diane Gilpin. Smart Green Shipping has raised $4.88 million across 5 funding rounds from investors including Drax, Scottish Enterprise and MOL Dry Bulk. Smart Green Shipping offers products and services including FastRig, FastRoute, FastReach, and WoC Project. Smart Green Shipping operates in a competitive market with competitors including STAX, Eniram, Explicit, Yara Marine and FUELSAVE, among others.

  • Headquarter Devizes, United Kingdom
  • Founders Diane Gilpin
  • Sectors
    Environment
    Transportation, Automotive & Logistics
  • Email
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  • Phone
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  • Website
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  • Social
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  • Legal Name Smart Green Shipping Alliance Limited
  • Date of Incorporation 15 Oct, 2014
  • Jurisdiction DEVIZES, WILTSHIRE
Operational Areas
Environment → Environmental Management & Pollution Control Unlock Sub-Sector Unlock Segment
Transportation, Automotive & Logistics → Supply Chain, Freight & Logistics Unlock Sub-Sector Unlock Segment
Transportation, Automotive & Logistics → Maritime, Ports & Shipping Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $4.88 M (USD)

    in 5 rounds

  • Latest Funding Round
    $1.3 M (USD), Seed

    Oct 23, 2024

  • Investors
    Drax

    & 2 more

  • Employee Count
    Not available
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Products & Services of Smart Green Shipping

Smart Green Shipping offers a comprehensive portfolio of products and services, including FastRig, FastRoute, FastReach, and WoC Project.

Product name locked
Category locked
Primary

Retrofit system for ships to save up to 40% fuel annually.

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Route optimization tool using AI for fuel efficiency gains.

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Leasing model for wind-assist to reduce adoption barriers.

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Initiative for wind-powered shipping innovations and trials.

Funding Insights of Smart Green Shipping

Smart Green Shipping has successfully raised a total of $4.88M across 5 strategic funding rounds. The most recent funding activity was a Seed round of $1.3 million completed in October 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

Investors in Smart Green Shipping

Smart Green Shipping has secured backing from 3 investors, including institutional investors. Prominent investors backing the company include Drax, Scottish Enterprise and MOL Dry Bulk.

All
Institutional
Investor Description Founded Year Domain Location
Renewable energy solutions are provided by Drax for decarbonization.
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A maritime transport company focused on dry bulk shipping.
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Business development and leadership training programs are offered to companies.
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Investor details for Smart Green Shipping

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Investments & Acquisitions by Smart Green Shipping

Investments
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Investment portfolio details for Smart Green Shipping

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Financial Statements - Smart Green Shipping

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Detailed financials for Smart Green Shipping

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Smart Green Shipping Comparisons

Smart Green Shipping Primary company
Description
Auxiliary sails for ship propulsion systems are developed.
Location
Devizes, United Kingdom
Founded Year
2019
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Smart Green Shipping

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Competitors of Smart Green Shipping

Smart Green Shipping operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as STAX, Eniram, Explicit, Yara Marine and FUELSAVE, among others.

Company Name Domain Founded year HQ Location Description
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Emission control systems for maritime vessels are provided.
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Fuel saving system for maritime vessels
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Maritime emissions are monitored through microsensor technology and data systems.
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Emission control systems for the maritime sector are provided.
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Offers solutions to improve fuel efficiency in engines.
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Detailed competitors of Smart Green Shipping

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Latest news on Smart Green Shipping

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Complete news archive for Smart Green Shipping

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Frequently Asked Questions about Smart Green Shipping

Smart Green Shipping was founded in 2019 and raised its 1st funding round 3 years after it was founded.

Smart Green Shipping is headquartered in Devizes, United Kingdom. It is registered at Devizes, Wiltshire, United Kingdom.

Diane Gilpin is the current CEO of Smart Green Shipping. They have also founded this company.

Smart Green Shipping is a funded company, having raised a total of $4.88M across 5 funding rounds to date.

Founded in 2019 and based in Devizes, United Kingdom, auxiliary sails for ship propulsion systems are developed by the company. Operations focus on the maritime sector, where innovative sail designs are provided to support propulsion. Services encompass shipping management, maritime transportation, and integration with renewables. The systems aim to enhance efficiency in maritime activities through these specialized features.

Smart Green Shipping's top competitors include STAX, Explicit and Eniram.

Smart Green Shipping offers FastRig, FastRoute, FastReach, and WoC Project.

Smart Green Shipping has 3 investors. Key investors include Drax, Scottish Enterprise, and MOL Dry Bulk.

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