Switzerland-based MobyFly has raised CHF 10.1 million (~€10.8M) in Series A funding to accelerate the deployment of its zero-emission hydrofoil ferry technology.
The round was led by Fonds Révolution Environnementale et Solidaire, alongside Crédit Mutuel Alliance Fédérale, CCF Valais, and other private investors.
Bringing quiet, clean, fast maritime transit to global cities
Founded in 2020 by Sue Putallaz, Anders Bringdal, and Ricardo Bencatel, MobyFly is developing electric hydrofoil ferries capable of transporting passengers at 70+ km/h with no noise, no emissions, and up to 80% lower energy consumption. Its patent-pending platform targets rivers, lakes, and short- to mid-range coastal routes — offering a compelling alternative to traditional diesel ferries.
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Fall 2025 launch, with expansion across Europe, U.S., and Asia
The fresh capital will fund engineering, certification, and industrial-scale production of MobyFly’s platform. The company plans to launch its first commercial vessels in fall 2025, following the development of its 10-meter MBFY10 prototype. The funding also supports international expansion across Europe, the Middle East, the U.S., and Asia, backed by partnerships with manufacturers and municipalities.
Founding team blends aerospace, design, and maritime tech
MobyFly’s team includes CEO Sue Putallaz, windsurfing world champion and Chief Designer Anders Bringdal, and CTO Ricardo Bencatel, a PhD engineer specializing in flight control systems. The startup is working with INESC TEC, Corvus, EODev, and Catana Group on R&D, battery systems, hydrogen integration, and production.
Investors bet on clean maritime infrastructure
“This round marks a decisive milestone,” said CEO Sue Putallaz. “With this support, we can accelerate global deployment and bring to market a ferry system that is faster, cleaner, and far more efficient.” According to Crédit Mutuel Impact, MobyFly’s solution aligns with broader climate goals by reducing marine CO₂ output and operating costs.
