Vessev
Electric hydrofoil vessels for commercial maritime — replacing fossil-fuelled ferries with zero-emission craft that are faster and quieter. Operating in NZ with international expansion underway.
Vessev is a pioneering marine technology company revolutionising commercial passenger ferry operations with hydrofoiling electric vessels. Its cutting-edge ships reduce energy costs by up to 95% compared to conventional ferries, offering operators significant savings while delivering a superior passenger experience and helping decarbonise maritime transport.
Why we invested
Commercial ferry operators spend millions annually on fuel and maintenance costs that don't have to exist. Vessev's hydrofoiling electric vessels cut energy costs by up to 95%, with proprietary flap technology that outperforms anything built for the recreational market. The VS-9 is commercially certified, Fullers360 has committed to a $48M contract, and CEO Eric Laakmann leads a team drawing talent from Apple, Rocket Lab, and Team New Zealand. Deep tech from New Zealand solving a real problem for operators globally.
- Headquarters
- Auckland, New Zealand
- GD1 lead
- John Kells
