Pure Watercraft Closes $37.5 Million Series A Funding Round to Deliver High-Performance Electric Outboard Motors, Leading the Way to Clean & Quiet Boating

Dec 18, 2020•over 4 years ago

Amount Raised

$37 Million

Round Type

series a

Seattle

Description

Pure Watercraft, the leader in electric boating technology, has closed a total Series A financing of $37.5M, including a previously-announced $23.4M. The oversubscribed funding round was led by L37, a hybrid venture capital and private equity firm; L37 Managing Partner Randall Ussery will join Pure Watercraft's board of directors.

Company Information

Company

Pure Watercraft

Location

Seattle, Washington, United States

About

Pure Watercraft is leading a fundamental transformation of boating for the next generations to hit the water. Founded in April 2011 in Seattle, WA, the company delivers innovative marine propulsion solutions that are more enjoyable and accessible for everyone, and more sustainable for the planet. To pre-order the Pure Outboard or an integrated boat package, or for more information on products, partners, and open career opportunities, please visit www.purewatercraft.com.

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Pure Watercraft Closes $37.5 Million Series A Funding Round to Deliver High-Performance Electric Outboard Motors, Leading the Way to Clean & Quiet Boating

Description

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Funding Insights

Company Information