Crédit Mutuel Impact
Assembly Line
VELA Raises $43 Million to Build Its First Gigantic Sailing Cargo Trimaran
VELA, a pioneering French company innovating in 100% wind-powered maritime transport, is proud to announce a significant funding round of €40 million ($43 million USD)—a round led by Crédit Mutuel Impact, 11th Hour Racing & BPI - French Public Investment Bank.
This strategic financing will allow VELA 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.