Company · Deeptech & Hardware

Foilchemy

foilchemy.com ↗ ·Pasaia ·Seed

Foilchemy is a Basque (Gipuzkoa, Spain) deep-tech startup founded in 2017 that designs hydrofoil control systems and design software for boats, including the patented Airy foil-control autopilot and Navstok design tool, aimed at decarbonizing maritime transport. It built the NAIA lightweight sailing demonstrator, has raised roughly €1.2M across three rounds, and employs around 7 people while seeking partners to manufacture and commercialize its technology.

Founded

2017

Founders

News

Rounds

Investors

SectorsMaritime Transport, Hydrofoil Technology, Naval Engineering, Cleantech Start-up MapDeeptech & Hardware › Advanced manufacturing & industrial equipment

Profile updated 30 Jul 2026

Founders

Eloy Rodríguez Rondón

Co-founder & Manager (CEO)

Hugo Ramos Castro

Co-founder & Director of Engineering

Global models 5

Candela

Sweden · candela.com ↗

Builds electric hydrofoil boats and ferries with proprietary foil-control autopilot, the closest large-scale analogue to Foilchemy's Airy control system.

$140MComparable

Navier

United States · navierboat.com ↗

Develops electric hydrofoiling recreational boats with autonomous foil-stabilization software, directly comparable to Foilchemy's foil-control tech.

$50MComparable

Boundary Layer Technologies

United States · boundarylayer.tech ↗

Engineers hydrofoil vessels (cargo ships and ferries) to cut fuel use and speed maritime transport, matching Foilchemy's decarbonization focus.

$10.9MComparable

Artemis Technologies

United Kingdom · artemistechnologies.co.uk ↗

Designs zero-emission foiling ferries and eFoiler propulsion/control systems for maritime decarbonization, similar engineering-services model to Foilchemy.

$40MComparable

Vessev

New Zealand · vessev.com ↗

Builds electric hydrofoiling passenger vessels with automated foil control, a smaller-scale peer to Foilchemy's demonstrator-stage approach.

$3.6MComparable

Investors 2

Orza Investments

Investor Spain

Funding rounds

No announced rounds on record.

News & media

No coverage on record yet.