TOWT

French tech company | Builders Republic

About

Shipowner and operator of modern wind-powered cargo sailing vessels — building a fleet of large Phoenix-class sailboats (Anemos, Artemis) that carry high-value goods such as cocoa, coffee, tea, wine and rum across the Atlantic mostly under sail, cutting shipping emissions versus fossil-fueled freighters.

Key facts

Status
Active
Sectors
Logistics & Supply chain
Latest stage
Series A
Founded
2011
City
LE HAVRE
Region
Normandie
Tracked rounds
1
Amount raised
5.0 M€ raised since 2020

Funding rounds

  • Series A — 2024

Investors

  • Crowdfunding

Notes

Liquidation judiciaire ouverte au tribunal de commerce du Havre le 03/04/2026 ; deux offres de reprise déposées (fonds RES/Crédit Mutuel Impact et Sandton Capital Partners).