X Shore Raises €8.5M for Electric Boats

X Shore, a leader in electric maritime technology based in Stockholm, has secured €8.5 million in funding. 

This new capital is part of over €100 million raised since the startup’s inception in 2016. The company plans to use the funds for expanding research and development, sales efforts, and the production of innovative new models.

The technology is completely fossil-fuel free and has very little impact on marine wildlife. The company recently revealed the third boat in their fleet, called the X Shore PRO, in September 2023.

 

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