In the UK, local startup DRIFT Energy has announced the close of its seed funding round. Led by Octopus Ventures and with support from Blue Action Accelerator, the company has secured a total of $6 million, enabling it to scale and realize its ambition to start vessel production next year. DRIFT Energy said it is committed to driving the transition to clean energy worldwide by deploying a fleet of high-performance sailing vessels that harness deep ocean wind to produce green hydrogen at sea and deliver it globally. This new funding is a vital step in developing and building the first green hydrogen producing DRIFT ship, the firm said. Mat Munro, Investor at Octopus Ventures, said: “We’re incredibly excited about DRIFT and the team’s potential to lead the way in developing a truly innovative source of renewable energy. At Octopus Ventures, we’re backing the companies building a sustainable planet, and DRIFT’s ambitions are exactly what we’re looking for. We can’t wait for the day its first vessel sets out on its maiden voyage.”
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