Summary
Insights
X Shore, based in Stockholm, has strong potential through its focus on electric boats, catering to the growing demand for sustainable products. Offering an alternative to traditional gasoline or diesel-powered boats, X Shore addresses issues like environmental pollution and high fuel costs. As regulatory pressures for lower emissions rise, X Shore's zero-emission technology offers a viable solution that could attract eco-conscious consumers and secure a robust market position. This approach, combined with advanced electric propulsion technology, positions X Shore to capture a share of the evolving transportation landscape and appeal to investors focused on sustainability.
Total Funding
$65.7M
- Series A (2024) $9.1M
- Series B (2022-05-01) $49.4M
- Seed (2020-06-01) $5.4M
- Unknown (2019-01-01) $1.7M
Full Company Profile
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