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Torqeedo
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Developer of electric outboards for the marine industry

Founded in 2005
Founded in

Company type Private Public ()
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Industry Group transportation & logistics

Sector maritime

TRL Range 9
TRL 1 Basic research
TRL 2 Technology formulation
TRL 3 Applied research
TRL 4 Small scale prototype
TRL 5 Large scale prototype
TRL 6 Prototype system
TRL 7 Demonstration system
TRL 8 First of a kind commercial system
TRL 9 Full commercial application
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Headquarters Germany Starnberg, Germany
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Date Partner Type
01/12/2022
Proton Motor Fuel Cell Proton Motor Fuel Cell
Proton Motor Fuel Cell and Torqeedo partner to develop a hybrid hydrogen propulsion kit for maritime boats, 30-120 kW fuel cell power.
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Confirmed by Proton Motor Fuel Cell
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Date Investors Type Amount
03/16/2012 WHEB WHEB , Robert Bosch Venture Capital Robert Bosch Venture Capital (2)
Post-money valuation of
Torqeedo has raised €5.6 million in a Series C funding round which it will use to launch a range of electric motors for boats.
 Growth Equity $7,500,000
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