DeepSea Technologies, the latest in a long line of shipping software projects co-founded by the Coustas family, has won the backing of a London green investment fund.

ETF Partners, an investor in environmental technologies, agreed to inject €3m ($3.25m) into DeepSea, an artificial intelligence-based plat­form that monitors and optimises ship performance.

This will make ETF a minority investor in the venture co-founded by Roberto Coustas.