EIFO led a $60m investment round in Saildrone.

EIFO, an investment fund, led a $60m investment round in Saildrone, a company focused on maritime autonomy, with participation from Lux Capital, Washington Harbor Partners, Crowley, Academy Securities, Pinegrove, BZH Capital, What If Ventures and Calm Ventures. “We are thrilled to invest in Saildrone and subsequently that Denmark has been chosen as the center for Saildrone’s European activities. Saildrone is a leading company in a rapidly growing market, and gaining access to this technology can become critical for both Denmark’s and Europe’s security. We expect Saildrone will have an impact on both the Danish defense industry and the Danish challenges with surveillance in the Arctic and counteracting sabotage in Danish waters—at a fraction of the cost of a patrol ship,” Peder Lundquist, EIFO CEO.