Norsepower
Assembly Line
Norsepower raises €28m to scale up rotor sails production
Finnish company Norsepower has raised €28m in Series C funding to boost the production and reach of its rotor sail technology, which is designed to lower emissions. The round was led by Mirova Environment Acceleration Capital, the impact private equity fund of French investment manager Mirova. It also saw participation by The Finnish Climate Fund (Ilmastorahasto), OGCI Climate Investments, Nefco – The Nordic Green Bank, Tesi, and Power Fund II.