Signol, a London-based startup founded in 2017, has raised £2.5 million to further its work in reducing emissions in the shipping and aviation industries through behavioral science. The investment round was led by New York VC firm TMV, with additional participation from Ultranav, MOL Plus, and existing investor East Innovate. Signol provides a platform that leverages data to encourage more sustainable operational behaviors among its clients, who include Virgin Atlantic, Boeing, Genpro Maritime Commercial Procurement, and Christiania Shipping. The new funding will be used to develop a proof-of-concept aimed at reducing the climate impact of the corporate travel sector, highlighting the startup’s commitment to sustainability without necessitating technological or physical changes to systems.
Technology, Shipping and Aviation, Venture Capital,United Kingdom, United States, Global
Signol raises £2.5m for decarbonising behavioural science tools