New $50 Million funding for electric boat manufacturer X Shore
Electric boat manufacturer X Shore has secured another $50M in funding (approx €45.9M), which will be used to ramp up
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Investment
New electric outboards investment: $15.5M for Flux Marine
The world of electric boats is attracting more and more serious money with this electric outboards investment in Flux Marine
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Electric speedboat battery company acquired by John Deere
One of the world’s largest equipment manufacturers has purchased a majority stake in Kreisel Electric, the company building the electric
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Candela electric boat gets €24M to scale production
The Candela electric boat and its hydrofoiling technology have secured a €24M (US$27.2M) investment from EQT Ventures to scale production
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ePropulsion latest to land big electric boat funding
Asia Pacific Boating today reported that Chinese electric outboard maker ePropulsion is the latest electric boat funding story, securing “hundreds
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More electric boat investments – Arc Boats $30M Series ‘A’ round
The electric boat investments world keeps heating up. One day after GM announced that it will be investing $150M in
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GM electric boating stake: $150M in Pure Watercraft
The world’s 7th largest automobile maker is moving into zero emission water transportation with a GM electric boating investment –
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Accelerator program to help electric boat startups
Dozens of exciting electric boat startups have been covered by Plugboats over the past couple of years, and there are
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Will Smith, Kevin Durant, Sean ‘Diddy’ Combs invest in Arc electric boats
A very exciting update to last week’s Plugboats article and Podcast about Arc electric boats – the all electric water
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Edorado 8S – new Dutch hydrofoiling eboat ready to take off
After years of design, development and testing, this new high speed, high style Dutch hydrofoiling eboat is being unveiled as
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More electric boats investments: X Shore $18M, ePropulsion $15M
It’s getting tough to keep up with all the news in electric boats investments. The latest companies to receive big
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Electric jetski maker Taiga taking off with $100M investment
A Canadian-based special purpose acquisition company (SPAC) has announced a proposed merger transaction with electric snowmobile and electric jetski maker
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Pure Watercraft electric outboards acquires ELUX Marine
Pure Watercraft, the Seattle-based innovator of electric outboards and e-boat technology, has acquired ELUX Marine, the Minnesota-based electric boat manufacturer.
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New crowdfunding for DeepSpeed electric hydrojet motor
Update on electric hydrojet motor crowdfunding. The fund has closed with 435 participants investing €2.918.700 – almost 10 time (971%)
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Electric boat company IPO raises over $27 million
Vision Marine Technologies, formerly the Canadian Electric Boat Company, today announced the closing of its Initial Public Offering (IPO) of 2,760,000 common shares at a price of US$10.00 per share, which includes 360,000 shares sold upon full exercise of the underwriter’s option to purchase additional common shares.
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Revolutionary high torque electric motor gets $74M support
High torque electric motor manufacturer Linear Labs has added $6M in new investment to a recent $68.9 million partnership and
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Electric boat motor crowdfunding hits €650k in first 4 days
Update Oct. 8: Oceanvolt crowdfunding closed with investments of € 2 250 360 Congratulations – the future of electric boating
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£60M / $75M funding for new zero emission ferries
Zero emission ferries will be built in Belfast under a consortium led by Artemis Technologies, offshoot of an America’s Cup
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Update: 4 days left in GreenStar Marine crowdfunding, 230% over goal!
September 2: 265 people have reserved shares in the GreenStar Marine program at FundedByMe – and there are still 4
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Norwegian solar boat launches new crowdfunding campaign
The latest electric boat project to pursue the crowdfunding path is the 6.2 metre (21 ft) Norwegian solar boat Freepower
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