Pascal Technologies logo — Pascal Technologies - reducing maritime emissions. Developin...

Pascal Technologies

Pascal Technologies - reducing maritime emissions. Developing energy efficient technology for boats and ships.

Founded 2002 Norway Norway 26 employees Series Unknown Total: $84.00M Transportation, Logistics and Delivery

General Information

Company Name Pascal Technologies
Founded Year 2002
Location Norway Norway +1
Employees 26
Industries Transportation, Logistics and Delivery
Funding Stage Series Unknown
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About Pascal Technologies

Pascal Technologies is a visionary startup aiming to revolutionize the maritime industry with their cutting-edge technology. The company's slogan, "Enabling long-range electric boats and ferries," underlines their commitment to sustainable and efficient transportation. Leveraging a unique air cushion-based system, Pascal has addressed the energy consumption challenge of boats, achieving remarkable advancements in electrification. Their innovative approach, combined with an advanced digital control system, doubles the range of regular boats, showcasing a significant boost in energy efficiency. Established in 2002, in Norway, Pascal Technologies has recently secured a kr53.00M Venture Round investment on 04 April 2023 from Ocean Zero, thereby gaining the necessary financial backing to further develop and commercialize their groundbreaking technology. The scalability of their innovation for various boat types, sizes, and applications, including shipping, highlights the broad potential impact of Pascal's technology. In essence, Pascal Technologies presents an exciting investment prospect, considering their visionary approach, technological prowess, and potential to drive significant advancements in the global maritime sector. As the demand for sustainable transportation solutions continues to surge, Pascal's potential to disrupt the maritime industry makes them a compelling consideration for venture capital firms seeking innovative and impactful investment opportunities. The convergence of environmental sustainability, technological innovation, and scalability positions Pascal Technologies as a promising player in the evolving landscape of electric maritime transport.

Taxonomy: Electric boats, Ferry technology, Air cushion technology, Digital control systems, Energy efficiency, Range extension, Scalable technology, Maritime innovation, Shipping technology

Funding Rounds & Investors (3)

View All
Funding Stage Amount Investors Lead Investors Date
Venture Round •••••• 1
Investor
04 Apr 2023
Venture Round •••••• 3
Investor Investor Investor
22 Mar 2022
Grant •••••• 1
Investor
14 Jan 2022

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FAQ About Pascal Technologies

Pascal Technologies - reducing maritime emissions. Developing energy efficient technology for boats and ships.
Pascal Technologies was founded in 2002.
Pascal Technologies is headquartered in Norway.
Pascal Technologies operates in the following industries: Transportation, Logistics and Delivery.
Pascal Technologies has approximately 26 employees.
Pascal Technologies has completed 3 funding rounds, raising a total of $84.00M. The latest funding stage is Series Unknown.
Top alternatives and competitors to Pascal Technologies include Marine Performance Systems, Massterly (a Kongsberg Wilhelmsen joint venture), Orbit Communication Systems, SIREHNA, Cenlub Systems. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Pascal Technologies and Marine Performance Systems are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

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