About ePropulsion
ePropulsion is a Transportation, Automotive & Logistics company based in Dongguan (China) founded in 2012 by Pan Zongliang and Shizheng Tao. Electric outboard motors and propulsion systems are distributed globally. ePropulsion has raised $25.45 million across 3 funding rounds from investors including Lightspeed Venture Partners, Dongguan Financial Holdings Group and Shenzhen Gaoxintou Group. Its chief executive, as recorded, is Shizheng Tao. Its website epropulsion.com draws about 36 thousand monthly visits. ePropulsion offers products and services including eLite, Spirit 1.0 Plus, Spirit 1.0 Evo, Navy Evo, and Pod Drive Evo. Its focus areas include Aerospace, Maritime and Defense Tech, Maritime Tech, Innovative Propulsion Systems and Engines.
Company details
ePropulsion Innovation was founded in 2012 and is headquartered in Dongguan, China. Electric outboard motors and underwater propulsion systems are distributed by the company within the marine technology sector. Key products such as Vaquita, Spirit, Navy motors, and Navy batteries are offered, along with accessories and technical support services. Operations focus on innovation in sustainable propulsion solutions for boating applications.
- Headquarters Dongguan, China
- Founders Pan Zongliang, Shizheng Tao
- SectorsTransportation, Automotive & Logistics
- Website category Vehicles · Boats
- Email••••••••
- Phone•••• ••••
- Website epropulsion.com
- Social LinkedIn X Facebook Instagram
- Total Equity Funding$25.45M (USD)
in 3 rounds
- InvestorsLightspeed Venture Partners
& 3 more
Products & Services of ePropulsion
ePropulsion offers a comprehensive portfolio of products and services, including eLite, Spirit 1.0 Plus, Spirit 1.0 Evo, Navy Evo, and Pod Drive Evo.
Compact and lightweight electric motor for portable boating
1 kW electric outboard for efficient and quiet operation
1 kW evolved model with enhanced performance features
3 kW to 6 kW motor for powerful marine applications
Quiet and space-saving motor for sailboats
High-performance battery for electric boating needs
Durable battery range for various marine propulsion
Funding Insights of ePropulsion
ePropulsion has successfully raised a total of $25.45M across 3 strategic funding rounds. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $25.45M
- Total Rounds 3
- First Round $10M
(Jun 2018)
- Investors Count 4
All 3 funding rounds of ePropulsion with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec 2021 | Series B | – | Lightspeed Venture Partners | – | |
| Apr 2021 | $15.45M | Series B | – | Shenzhen Gaoxintou Group | |
| Jun 2018 | $10M | Series A | – | – |
4 investors in total: 4 institutional.
Investors in ePropulsion
ePropulsion has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include Lightspeed Venture Partners, Dongguan Financial Holdings Group and Shenzhen Gaoxintou Group.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital investing in innovative companies across global sectors is undertaken by Lightspeed Venture Partners. | 1997 | lsvp.com | Menlo Park, United States | |
| szhti.com.cn | ||||
Venture capital funding is provided by Beyond Ventures for startups. | beyondventures.hk | Hong Kong, Hong Kong | ||
| dgfhg.com |
Investor details for ePropulsion
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
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People of ePropulsion
8 people are tracked at ePropulsion (6 in leadership, 2 in team).
| Name | Role | Group |
|---|---|---|
Pan Zongliang | Co-Founder & COO | Leadership |
Shizheng Tao | Co-Founder & CEO | Leadership |
Danny Tao | Co-Founder & CEO | Leadership |
Andreas Widy | Director of Research Development - Intelligence and Connected Systems Department | Leadership |
Chang ZHAO | Chief Marketing Officer - Global Marketing, Sales And Service | Leadership |
Santiago Crespo | Sales Director - Commercial Ships | Leadership |
明龙 王 | Sales Manager | Team |
Cathy Yue | Digital Marketing Officer | Team |
Complete people profiles for ePropulsion
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
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Timeline of ePropulsion
3 dated milestones of ePropulsion across 9 years, from founding to its latest funding, stage changes and deals.
- Founded ePropulsion is founded.
- Funding First funding round of $10.0M.
- Funding Latest funding round, Series B,.
Web traffic of ePropulsion
The website of ePropulsion (epropulsion.com) receives about 36K visits a month and ranks #1,037,297 among all websites worldwide, #514 in Boats.
- Monthly visits36K
▲ 31.3% vs previous month
- Unique visitors11.9K
per month
- Global rank#1,037,297
among all websites
- Category rank#514
Vehicles · Boats
- Bounce rate43%
- Pages per visit1.9
- Average visit35 sec
- DevicesDesktop 40% · Mobile 60%
Websites whose visitors overlap most with ePropulsion. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| bluemarine.com | 100% | 680.7K | #1,042,987 | View details | |
elcomotoryachts.com | elcomotoryachts.com | 94% | #3,038,501 | – | |
boatsailmag.com | boatsailmag.com | 90% | #748,385 | – | |
plugboats.com | plugboats.com | 88% | #1,275,643 | – | |
ecoboats.com.au | ecoboats.com.au | 87% | #5,313,974 | – | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 35 similar websites and full traffic analytics for ePropulsion
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- 35 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
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Related news about Epropulsion
Complete news archive for ePropulsion
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Frequently Asked Questions about ePropulsion
ePropulsion was founded in 2012 and raised its 1st funding round 6 years after it was founded.
ePropulsion is headquartered in Dongguan, China. It is registered at Dongguan, Guangdong, China.
Shizheng Tao is the CEO of ePropulsion, as recorded in our data. They have also founded this company.
ePropulsion is a funded company, having raised a total of $25.45M across 3 funding rounds to date. The company's 1st funding round was a Series A of $10M, raised on Jun 2018.
ePropulsion Innovation was founded in 2012 and is headquartered in Dongguan, China. Electric outboard motors and underwater propulsion systems are distributed by the company within the marine technology sector. Key products such as Vaquita, Spirit, Navy motors, and Navy batteries are offered, along with accessories and technical support services. Operations focus on innovation in sustainable propulsion solutions for boating applications.
ePropulsion offers eLite, Spirit 1.0 Plus, Spirit 1.0 Evo, Navy Evo, and 3 more products and services.
ePropulsion has 4 investors. Key investors include Lightspeed Venture Partners, Dongguan Financial Holdings Group, Shenzhen Gaoxintou Group, and Beyond Ventures.