Stax Engineering Raises $40M for Maritime Emissions Tech and Expansion

Stax Engineering raises $40M in Funding

Stax Engineering (Linkedin), a leading maritime emissions capture and control company, recently secured $40M to accelerate their growth and expand coverage in the shipping industry. With a focus on container and auto carrier classes, Stax Engineering is poised to revolutionize emissions control in the maritime sector.

Funding Amount: $40 million

Industry: Environmental Services

Employee Count: 11-50

CEO: Michael Walker (CEO Linkedin)

What Stax Engineering needs to buy: Stax Engineering is seeking partnerships with port authorities, shipping companies, and fleet operators to secure exclusive service agreements. They are also looking to expand their market coverage to include tankers and target additional ports and international shippers. Companies specializing in emissions control technology, research and development, and maritime services are ideal partners for Stax Engineering's ambitious growth plans.