Evoy

Florø, Norway Founded: 2018 • Age: 8 yrs
Inboard and outboard marine electric propulsion systems are developed.
Annual revenue - Latest available
Total funding $8.0M 7 rounds
Employees - Tracked headcount
Investors 13 Known backers
Products 2 Services tracked
Competitors 9 Brand Intelligence

About Evoy

Evoy is a company based in Florø (Norway) founded in 2018 by Leif A Stavostrand and Gunnar Stavostrand. Evoy has raised $7.99 million across 7 funding rounds from investors including Innovasjon Norge, European Union and Katapult. Evoy offers products and services including Outboard Electric Motor Systems and Inboard Electric Motor Systems. Evoy operates in a competitive market with competitors including Torqeedo, Oceanvolt, Dolprop, TEMA and Naval DC, among others.

  • Headquarter Florø, Norway
  • Founders Leif A Stavostrand, Gunnar Stavostrand
  • Sectors
    Transportation, Automotive & Logistics
  • Email
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  • Phone
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  • Website
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  • Legal Name Evoy As
Operational Areas
Transportation, Automotive & Logistics → Automotive Technology & Mobility Solutions Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
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  • EBITDA
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  • Total Equity Funding
    $7.99 M (USD)

    in 7 rounds

  • Latest Funding Round
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  • Investors
  • Employee Count
    Not available
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Products & Services of Evoy

Evoy offers a comprehensive portfolio of products and services, including Outboard Electric Motor Systems and Inboard Electric Motor Systems.

Product name locked
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Primary

High-power motors for recreational boating with sustainable performance.

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Robust systems for commercial boats with minimal maintenance needs.

Funding Insights of Evoy

Evoy has successfully raised a total of $7.99M across 7 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.

Investors in Evoy

Evoy has secured backing from 13 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Innovasjon Norge, European Union and Katapult.

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Venture Fund
Institutional
Angel
Investor Description Founded Year Domain Location
Investment consulting services are provided to guide client portfolios.
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Klaveness Marine is engaged in diversified investment management.
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Government agency and accelerator focusing on innovative startups and SMEs
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Investor details for Evoy

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Investments & Acquisitions by Evoy

Investments
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Investment portfolio details for Evoy

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Financial Statements - Evoy

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Detailed financials for Evoy

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Evoy Comparisons

Evoy Primary company
Description
Inboard and outboard marine electric propulsion systems are ...
Location
Florø, Norway
Founded Year
2018
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Evoy

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Competitors of Evoy

Evoy operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Torqeedo, Oceanvolt, Dolprop, TEMA and Naval DC, among others.

Company Name Domain Founded year HQ Location Description
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Electric motors and batteries for boats are developed.
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Electric propulsion systems are developed for sailboats and catamarans.
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Creates efficient, silent, and safe biomimetic propulsion for maritime applications.
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Marine electric propulsion systems and motors are developed and produced.
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Develops electric, solar, and hybrid systems for marine propulsion applications.
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Detailed competitors of Evoy

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Latest news on Evoy

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Complete news archive for Evoy

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Frequently Asked Questions about Evoy

Evoy was founded in 2018 and raised its 1st funding round 1 year after it was founded.

Evoy is headquartered in Florø, Norway. It is registered at Florø, Vestland, Norway.

Leif A Stavostrand is the current CEO of Evoy. They have also founded this company.

Evoy is a funded company, having raised a total of $7.99M across 7 funding rounds to date.

Evoy was founded in 2018 in Floro, Norway, within the marine technology sector. Electric propulsion systems for boats are designed and provided, incorporating electric motors, programmable management systems, marine-grade battery packs, and touch screen control interfaces. Both inboard and outboard configurations are supported to enable emission-free marine operations across various vessel types in the Nordic region and beyond.

Evoy's top competitors include Torqeedo, Oceanvolt and TEMA.

Evoy offers Outboard Electric Motor Systems and Inboard Electric Motor Systems.

Evoy has 13 investors. Key investors include Innovasjon Norge, European Union, Katapult, Klaveness Marine, and Grieg Edge.

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