Flux Marine, a developer of all-electric outboard motors and battery systems for watercraft, announced that it has raised $15.5 million in an oversubscribed Series A funding round led by Ocean Zero LLC. Flux Marine will leverage the new funding to expand manufacturing, recruit additional talent and continue to develop technologies.
READ MORERhode Island-based Flux Marine makes electric outboard motors that aim to clean up waterways and improve the small boat experience for millions of recreational boaters.
READ MOREThe race is certainly on in the electrification of boating … even if everyone is jockeying for position before the market materializes. Flux Marine is joining the likes of Pure and Zin in trying to convert some of our waterways’ gas-guzzling outboards to cleaner, quieter battery powered ones, and the company just raised $15.5 million ahead of a planned summer shipping date.
READ MOREThe world of electric boats is attracting more and more serious money with this electric outboards investment in Flux Marine being led by Ocean Zero LLC
READ MOREFlux Marine will leverage the Series A funding to scale operations, manufacturing and distribution as it advances its award-winning zero-emission electric outboard motors to market
READ MOREJudges noted that Flux’s innovative, built-from-the-ground-up design has the potential to revolutionize the electric outboard engine market. The engine’s efficiency and performance statistics show the Flux could be a game changer in electric outboard engines.
READ MOREFlux Marine won "Best Green Product" and "Best Operational, Maintenance, or Safety Product" at the 2021 NIBS Newport for New Products
READ MOREThe Rhode Island Commerce Corporation on Friday approved two innovation grants — one for $50,000 for American Mussel Harvesters of North Kingstown, and the other for $49,972 to Flux Marine of East Greenwich.
READ MOREFlux Marine, a startup that develops zero-emissions electric outboard boat motors, was declared the top winner in the entrepreneurship track...
READ MOREBen Sorkin took home the 2019 overall win with a new Flux Marine Outboard and set a mono-hull record of one hour, 22 minutes...
READ MOREThe Baker-Polito Administration today announced $1.7 million in funding for 18 early-stage clean energy companies...
READ MOREOn Friday, Oct. 25, Ben Sorkin and his team from Flux Marine presented a boat powered by an electric outboard & battery system, currently in development...
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