Companies
Farra Marine completes €5 million fundraise through EIIS
Operator of crew transfer vessels plans to put funds towards seven new boats
Farra Marine, the Irish-owned operator of crew transfer vessels for the offshore wind industry, has completed a new €5 million funding raise through the Employment Investment Incentive Scheme (EIIS).
The company, which was founded in 2019 and is headquartered in Dublin, plans to use the funding to place deposits for the construction of seven new boats by the end of this year, which would double its overall fleet.
Martin Rice, the chief executive and co-founder ...
