Vessev

“Vessev makes electric hydrofoiling boats that lift above the water to cut drag, extending range and making battery-powered marine transport more practical for passenger and workboat use.”

“Hydrofoiling sits at a real climate-and-logistics intersection: cleaner local water transit without waiting for entirely new hull designs or fossil-fuel hybrids to win.”

“Retrofit beats replacement as a go-to-market strategy in hardware. Gravis Robotics ($200M, SoftBank) and Vessev ($19M) both demonstrate that selling autonomy or efficiency *into* existing infrastructure — rather than requiring customers to buy entirely new equipment — dramatically lowers adoption friction and accelerates revenue.”