Flux Marine

Boston, United States Founded: 2016 • Age: 10 yrs
Developer of zero emissions electric boat motors

About Flux Marine

Flux Marine is a company based in Boston (United States) founded in 2016.. Flux Marine has raised $30.5 million across 5 funding rounds from investors including Rhode Island Commerce, Ocean Zero and Boost VC. Flux Marine offers products and services including Electric Outboard, Scout 215 XSF, Highfield Sport 660, Scout 215 Dorado, and Tritoon. Flux Marine operates in a competitive market with competitors including ePropulsion, ACEL Power, Japan Engine Corporation, Photon Marine and Dolprop, among others.

  • Headquarter Boston, United States
  • Sectors
    Transportation, Automotive & Logistics
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Transportation, Automotive & Logistics → Maritime, Ports & Shipping
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $30.5 M (USD)

    in 5 rounds

  • Latest Funding Round
    $15 M (USD), Series A

    Nov 19, 2025

  • Investors
  • Employee Count
    Employee Count
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Products & Services of Flux Marine

Flux Marine offers a comprehensive portfolio of products and services, including Electric Outboard, Scout 215 XSF, Highfield Sport 660, Scout 215 Dorado, and Tritoon. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Electric motor designed for boats to improve efficiency and reduce emissions.

Versatile center console boat for family outings and water activities.

Aluminum hull boat for family adventures and water sports.

Dual console boat suitable for skiing and leisure cruising.

Entertaining boat with seating for social gatherings on water.

People of Flux Marine
Headcount 10-50
Employee Profiles 22
Employee Profiles
People
Eric Gardell
Data Engineer
People
Rick Lamanna
Lead Software Engineer
People
Saeid Bazazzadeh
Senior Software Engineer
People
Annie Venditti
Associate Director Of Partnerships & Marketing

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Funding Insights of Flux Marine

Flux Marine has successfully raised a total of $30.5M across 5 strategic funding rounds. The most recent funding activity was a Series A round of $15 million completed in November 2025. 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
  • Total Rounds 5
  • Last Round Series A — $15.0M
  • First Round

    (27 Sep 2019)

  • Investors Count 7
Date Amount Transaction Name Valuation Lead Investors Investors
Nov, 2025 Amount Series A - Flux Marine Valuation Collide
Mar, 2022 Amount Series A - Flux Marine Valuation Ocean Zero
Feb, 2021 Amount Grant - Flux Marine Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Flux Marine

Flux Marine has secured backing from 7 investors, including institutional and venture fund investors. Prominent investors backing the company include Rhode Island Commerce, Ocean Zero and Boost VC. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Investing in Deep Tech and emerging technologies for 12 years.
Founded Year Domain Location
Venture capital investments are managed by Winklevoss brothers' family office.
Founded Year Domain Location
Venture capital fund backed by the US Government
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Flux Marine

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Flux Marine

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Flux Marine Comparisons

Employees
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Competitors of Flux Marine

Flux Marine 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 ePropulsion, ACEL Power, Japan Engine Corporation, Photon Marine and Dolprop, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Electric outboard motors and propulsion systems are distributed globally.
domain founded_year HQ Location
Manufacturer of electric outboard motors and propulsion systems
domain founded_year HQ Location
IoT-based monitoring solutions for marine industry are provided.
domain founded_year HQ Location
Manufacturer of electric outboard motors and electric workboats. It provides electric propulsion systems for commercial marine vessels. These systems are designed for various applications, including survey, crew transport, and marine enforcement. The company partners with boat builders to offer a complete range of electric workboats tailored to diverse operational needs. The focus is on delivering efficient, powerful, and sustainable solutions for the commercial marine sector.
domain founded_year HQ Location
Creates efficient, silent, and safe biomimetic propulsion for maritime applications.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Flux Marine

Frequently Asked Questions about Flux Marine

When was Flux Marine founded?

Flux Marine was founded in 2016 and raised its 1st funding round 3 years after it was founded.

Where is Flux Marine located?

Flux Marine is headquartered in Boston, United States. It is registered at Boston, Massachusetts, United States.

Is Flux Marine a funded company?

Flux Marine is a funded company, having raised a total of $30.5M across 5 funding rounds to date. The company's 1st funding round was a Grant of $255.68K, raised on Sep 27, 2019.

What does Flux Marine do?

Flux Marine was founded in 2016 in Boston, United States, within the marine propulsion sector. Electric outboard motors ranging from 20 to 115 HP are developed by the company. Zero emissions are produced by these motors, carbon footprint is reduced, and maintenance requirements are minimized through solid-state components. Operations focus on sustainable boating solutions in the United States.

Who are the top competitors of Flux Marine?

Flux Marine's top competitors include ePropulsion, ACEL Power and Japan Engine Corporation.

What products or services does Flux Marine offer?

Flux Marine offers Electric Outboard, Scout 215 XSF, Highfield Sport 660, Scout 215 Dorado, and Tritoon.

Who are Flux Marine's investors?

Flux Marine has 7 investors. Key investors include Rhode Island Commerce, Ocean Zero, Boost VC, Winklevoss Capital, and America’s Seed Fund.

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