Tech Company Financing Transactions
Frugal Technologies Funding Round
Frugal Technologies secured a funding round on 11/21/2023. Investors included Emerson.
Transaction Overview
Company Name
Announced On
11/21/2023
Transaction Type
Amount
Unknown
Round
Undisclosed
Investors
Proceeds Purpose
The company intends to use the funds to accelerate management and propulsion control and optimization expertise in its marine systems and solutions business.
Company Information
Company Status
Private & Independent
Industry
Software
Mailing Address
123 Ave
Lorem City, Undisclosed
DK
Lorem City, Undisclosed
DK
Phone
Website
Email Address
Overview
Frugal Technologies provides ship owners a product offering in propulsion efficiency and greener shipping ahead of regulations -- adding intelligent on-top solutions to existing vessel control systems with all safety functions intact. With the add-on cloud-based software solution My Data, fleet performance managers get access and visibility to vessel performance data, empowering them to act and take decision on latest business intelligence.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Peter Hauschildt
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Where The Data Comes From
We do our best to report on funding rounds that are announced publicly. VC investment data records reported here are sourced from publicly available VC deal announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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