Glas Ocean Raises US$2M
Glas Ocean Electric’s US$2 million, or C$2.75 million, seed round will offer the Halifax startup a new level of flexibility compared to the project-based funding it has tapped in the past, according to CEO Sue Molloy.
Founded by Molloy in 2016, Glas Ocean has developed an electric propulsion system for boats. So far, the company has installed its technology on three vessels, and Molloy said the