Boundary Layer Technologies

Boundary Layer Technologies

Boundary Layer Technologies is a company building hydrofoil cargo ships.

Boundary Layer Technologies builds cargo ships using hydrofoils that can deliver ocean freight 3 times faster than traditional cargo ships.

Boundary Layer Technologies designs and manufactures the hydrofoil container ships intended to be an alternative for the existing airfreight industry. The company's container ships are designed using hydrofoil technology which generates lift, propels the hull of the vessel out of the water and reduces drag, enabling logistic industries to deliver ocean freight at a faster rate.At these speeds they can deliver freight almost as fast as air freight, but they believe for cheaper.

Boundary Layer Technologies took part in the Y Combinator accelerator as part of the W19 batch. After graduating from the accelerator, Boundary Layer Technologies raised a seed funding round which they announced on March 18, 2019 with a total of $2.3 million raised from lead investor Fifty Years VC as well as V1.VC, Y Combinator, Tamar Capital, Oyster Ventures, Jude Gomila and Hack VC.

Timeline

March 2019

Boundary Layer Technologies raises a $2,300,000 seed round from Fifty Years, Oyster Ventures, V1.VC, Hack VC and Y Combinator.

Funding rounds

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Funding type
Funding round amount (USD)
Funding round date
Investment
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People

Name
Role
LinkedIn

Cameron Flannery

Hyrdospace Engineer

Edward Kearney

CEO

Jeremy Osborne

CTO

Tim Le Lievre

Head of Engineering Operations

Further reading

Title
Author
Link
Type
Date

Boundary Layer Technologies is developing *small* cargo hydrofoils to compete wi... | Hacker News

Web

Documentaries, videos and podcasts

Title
Date
Link

Boundary Layer Technologies Y Combinator Demo Day W19

September 9, 2019

Companies

Company
CEO
Location
Products/Services

References

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