All posts tagged: 17m

Integrate raises M to move defense project management into the 21st century

Integrate raises $17M to move defense project management into the 21st century

John Conafay, a veteran of the US Air Force, has spent most of his career leading business development at public and private aerospace companies, including Spire, Astranis, and ABL Space Systems.   At each company, Conafay ran into the same software hurdle: collaborating on government contracts was a logistical mess that forced his teams and their federal counterparts to rely on a tedious back-and-forth of PDFs and Excel files. The bottleneck was always the same—most project management tools like Atlassian’s Jira and Asana simply weren’t secure enough to meet the government’s strict security standards. So, in early 2022, Conafay launched Integrate, a collaboration platform designed specifically to allow private companies, the US Department of Defense, and other government agencies to work jointly on classified, multi-entity projects. Last year, the Seattle-based startup won a $25 million, five-year contract from the US Space Force. That validation from a major agency was one of the reasons Wesley Chan, co-founder and managing partner at FPV Ventures, just led Integrate’s $17 million Series A. Chan, known for early bets on …

€17m GAMMA project to accelerate green shipping

€17m GAMMA project to accelerate green shipping

Funded with €17m through Horizon Europe, the project aims to demonstrate how hydrogen-based fuel cells and climate-neutral fuels can transform deep-sea shipping, enabling zero-emission operations for large ocean-going vessels. The five-year initiative is led by Icelandic engineering company Verkís and includes a consortium of European innovators, such as ANT Topic, Fraunhofer, Aurelia, Sea Green Engineering, Energy Cluster Denmark, SINTEF, and Politecnico di Milano, among others. Richard Berkling, CEO of PowerCell Group, commented: “This project represents exactly the type of industrial learning that the maritime sector needs right now. “GAMMA allows us to move beyond theoretical studies and demonstrate how fuel cells, hydrogen carriers, and onboard reforming can work together in a commercial vessel. That operational experience is what will ultimately de-risk adoption and unlock large-scale deployment.” A landmark project for maritime decarbonisation The GAMMA project – short for Green Ammonia and Biomethanol fuel MAritime Vessels – brings together 16 European partners to retrofit a 60,000 DWT bulk carrier from TOPIC Fleet. This retrofit will convert the vessel into a full-scale testbed for green shipping technologies, …