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ExploMar
China · Climate tech
ExploMar develops electric outboard motors, batteries and control systems for leisure and commercial boats.
Product
ExploMar makes integrated electric propulsion systems for boatbuilders and vessel operators. Its WAVE outboards work with battery and control systems designed for sustained marine use, including the weight, corrosion and performance demands of high-power boats.
Founded in 2021, the company is headquartered in Shanghai and runs research, testing and manufacturing operations in Changshu. It sells through an international distribution network and supports both commercial vessels and leisure craft.
Funding history
2 rounds · 2 with disclosed amounts| Announced | Round | Amount | Investors |
|---|---|---|---|
| Series A | ~CN¥100M | Changshu Guofa — LeadDelian Capital — LeadSuzhou Innovation Investment Group — Lead37 Interactive Entertainment — ParticipantDCM Ventures — Participant | |
| Series A | >$10M | DCM Ventures — Participant |