ADV Propulse
Sector: Tech
Business: Manufacturing of technical products made from polyurethane and magnetic systems
Type of transaction: Fundraising
Year of transaction: 2022
Company website: adv-propulse.fr
THE COMPANY
ADV Propulse is an innovative company specializing in the design and manufacturing of cutting-edge naval propulsion systems. Founded and led by Arnaud Curutchet and Jean-Louis Baritiu, the company has developed a biomimetic trochoidal vertical-axis propeller that stands out for its energy efficiency and performance, even at high speeds. This breakthrough technology targets the markets of pleasure boats, specialized vessels, maritime transport, and the military, thereby contributing to the energy transition of the naval sector.
THE TRANSACTION
In January 2022, Ama Partners assisted ADV Propulse in raising approximately 3 million euros from Kerguelen Invest and Nouvelle-Aquitaine Co-Investissement (NACO), advised by Aquiti Gestion. This strategic operation will enable the company to accelerate its development and move into the industrialization phase. The founders of ADV Propulse, supported by these new partners, aim to position the company as a key player in the ecological transformation of the naval sector.
CONCLUSION
This fundraising marks a crucial step in ADV Propulse’s growth. With the backing of Kerguelen Invest and NACO, the company is now well-positioned to industrialize its technology and become a leader in sustainable naval propulsion systems. ADV Propulse’s commitment to improving energy efficiency in the naval sector reinforces its position as a key player in the ecological transition.
TESTIMONY
« Thanks to the confidence shown by Kerguelen Invest and NACO, we now have the means to realize our ambitions. We will significantly accelerate our development. »
