Founded in 2018, the startup specializes in the production and commercialization of smart dampers for mooring any floating structure.
Seares has successfully closed a total €2.2 million funding round, including €1.1 million invested by CDP Venture Capital through the Fondo Rilancio Startup and the regional co-investment fund Toscana Next. Toscana Next, established and managed by CDP Venture Capital, is supported by the main banking foundations of the Tuscany region (Fondazione CR Firenze, Fondazione Cassa di Risparmio di Lucca, Fondazione Caript, and Fondazione Monte dei Paschi di Siena) to maximize innovation investments in the territory. Additional participants in the capital increase include the investment holding Selected Investments and a significant number of Business Angels.
This investment strengthens the company’s commitment to enabling the technological, green, and digital transition in strategic sectors for the country, such as yachting, ports, marinas, aquaculture and renewable energy.
Seares has established itself in the yachting market with its mechatronic solutions, which not only make mooring safer and life on board more comfortable but also enable energy recovery from wave motion. This recovered energy self-powers IoT sensors, ensuring constant monitoring of mooring line behaviour and optimal mooring conditions. These solutions are also applicable to floating structures beyond boats, such as pontoons, photovoltaic plants, and aquaculture systems.
Team Seares
CDP Venture Capital’s support for Seares began with an initial €500,000 investment in 2021. This capital allowed the company to achieve significant milestones in mooring solutions for yachts and superyachts, making it a prominent player in the sector. Seares now aims to accelerate its growth strategy for 2025–2027, positioning itself as an essential partner for ports and tourist marinas by offering 24/7 safety and monitoring of mooring lines.
“This new investment reinforces our commitment to revolutionizing the mooring world with cutting-edge technologies,” says Giorgio Cucé, Founder and CEO of Seares. “It allows us to expand our efforts, transforming not only the yachting sector but also critical infrastructures like marinas and floating renewable energy systems. With the continued support of CDP Venture Capital, we are charting a course toward a sustainable future.”
“We believe in Seares’ potential and the vision of its team. This follow-on investment represents our commitment to supporting the growth of innovative companies, maintaining a focus on sustainable development and positive impact in the Blue Economy sector,” says Caterina Siclari, Senior Partner and Head of the Fondo Rilancio Startup at CDP Venture Capital.
A further strategic objective is to acquire a share of the renewable energy market, particularly in floating solar, by offering mooring technologies focused on safety and sustainability. Equally important is consolidating its leadership in the yacht and superyacht market with adaptive mooring solutions integrated into the hull.
Selected Investments, an operational holding and anchor investor in Seares, also expressed appreciation for this new phase. “Thanks to its damping technologies, which have multiple applications in the marine sector, Seares is ready to face new challenges in markets in need of its solutions. The Tuscan startup also stands out as a strategic investment in our portfolio and as a flagship of innovation in the European Blue Economy,” says Mario Bartolini, CEO of Selected Investments S.p.A. “Seares represents the future of the nautical and marine sector through a perfect combination of innovation, sustainability, and safety. This capital increase demonstrates the company’s potential to set new standards for marine technologies and to open new paths in emerging markets such as floating solar or aquaculture. We are therefore proud to continue supporting this ambitious mission.”
“This investment is a strong incentive for us to continue our commitment to sustainable innovation,” concludes Cucé. “We are laying the foundation for a greener and safer future for all of us, and the journey has just begun.”
