Renewable energy leader Drax backed the project with a £1m investment alongside a UK Government Clean Maritime grant.
Smart Green Shipping
Smart Green Shipping builds wind-assisted wingsail technology to decarbonise commercial vessels.
£7.4MTotal raised
Smart Green Shipping develops wind-assisted propulsion systems and digital route optimisation tools to decarbonise the global maritime sector.
Filed accounts
Cash at bank
Members only
Net current assets
Members only
Total assets less current liabilities
Members only
Net assets
Members only
Shareholders' funds
Members only
Current assets
Members only
Cash, assets and headcount from Smart Green Shipping's latest Companies House filing — with year-on-year movement, free with a Winfred account.
Categories
Founders
DG
Diane Gilpin
CEO and founder
Investors
- £1.0MDDraxLead
- £1.4MScottish EnterpriseFollow-on

- £5.0M
Funding history
£1.0M
£1.4M
The investment round was backed jointly by MOL Drybulk and Scottish Enterprise.
£5.0M
The funding comprises private sector backing alongside a grant from Scottish Enterprise to advance maritime decarbonisation.
