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Manufacturer of a electric motor for maritime industry

Founded in 2020
Founded in

Company type Private Public ()
Company type

Industry Group transportation & logistics

Sector maritime

TRL Range 4-6
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
TRL Range

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Headquarters Sweden Älta, Sweden
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Updated by Cleantech Group on 07/08/2024

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IPO INFORMATION

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Date Investors Type Amount
05/31/2023 Santander Santander , ALMI Invest ALMI Invest , EIT Innoenergy EIT Innoenergy (3)
Post-money valuation of
Funds will support to market strategy for electric marine motors
Seed $2,690,000
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