Houston-Based Battery Power Startup Gets Backing From Maersk

Houston-Based Battery Power Startup Gets Backing From Maersk

Many shipping-industry analysts have downplayed the potential of hybrid or battery-electric propulsion for long-distance ocean routes, since the ener...

Maersk and Bill Gates back American battery pioneer

Houston-based Fleetzero has successfully raised $43min Series A funding, led by Obvious Ventures with participation from a powerhouse coalition of investors, including Maersk Growth, Breakthrough Energy Ventures founded by Bill Gates, and 8090 Industries.  MOL PLUS, the investment arm of Japan’s largest shipowner, Mitsui OSK Lines (MOL), invested in the marine battery maker two years …