Singapore-based EPS Ventures and Nysnø Climate Investments have jointly invested NOK 50 million in Zinus, a leading innovator in maritime charging and shore power solutions. The investment will accelerate growth and innovation in sustainable maritime technologies, according to Zinus CEO Endre Eidsvik. EPS Ventures and Nysnø will become shareholders in Zinus and take seats on the company’s Board of Directors, while current shareholders LOS Gruppen, Eviny Ventures, and DSD will retain their ownership stakes.
Zinus is known for developing cutting-edge charging and shore power solutions that reduce the maritime industry’s carbon footprint. Shore power allows vessels to reduce CO2 emissions by turning off fossil fuel engines during port stays. The company plans to recruit 15 new employees in 2025 to support its growth and international expansion. EPS Ventures and Nysnø’s investment in Zinus aligns with their mission to support innovative solutions that drive sustainability in the maritime industry.
The entry of EPS Ventures and Nysnø into Zinus is seen as a strong endorsement of the company’s technology and its role in decarbonizing global shipping. Zinus, headquartered in Bømlo, has achieved a prominent global standing in addressing maritime emissions, which account for 3% of worldwide emissions. The investment aims to support Zinus’ growth internationally and contribute to the sector’s decarbonization efforts. CEO Endre Eidsvik concludes that the investment from EPS Ventures and Nysnø is a significant endorsement of Zinus’ mission to provide innovative and sustainable solutions for an electrified world.
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