Photon Marine

Portland, United States Founded: 2021 • Age: 5 yrs
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.
Annual revenue - Latest available
Total funding $190,000 4 rounds
Employees - Tracked headcount
Investors 5 Known backers
Products 5 Services tracked
Competitors 10 Brand Intelligence

About Photon Marine

Photon Marine is a company based in Portland (United States) founded in 2021 by Charles Steinback. Photon Marine has raised $190 thousand across 4 funding rounds from investors including Ideaship, Bend Venture Conference and Elevate Capital. Photon Marine offers products and services including Silverback Grizzly, Silverback Sherpa, Silverback Versabarge, Ghostworks G40, and Foil Yachts Global. Photon Marine operates in a competitive market with competitors including ePropulsion, Japan Engine Corporation, Dolprop, DuXion and Tow-Botic Systems, among others.

  • Headquarter Portland, United States
  • Founders Charles Steinback
  • Sectors
    Transportation, Automotive & Logistics
  • Phone
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  • Website
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  • Social
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  • Legal Name Photon Marine Corporation
Operational Areas
Transportation, Automotive & Logistics → Maritime, Ports & Shipping Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $190 K (USD)

    in 4 rounds

  • Latest Funding Round
    Not available
  • Investors
    Ideaship

    & 4 more

  • Employee Count
    Not available
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Products & Services of Photon Marine

Photon Marine offers a comprehensive portfolio of products and services, including Silverback Grizzly, Silverback Sherpa, Silverback Versabarge, Ghostworks G40, and Foil Yachts Global.

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Category locked
Primary

Aluminum vessel for harsh marine conditions and operations.

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Durable boat for transport and utility tasks.

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Versatile platform for cargo and marine activities.

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Carbon fiber boat for specialized functions.

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High-speed electric transport for crews.

People of Photon Marine

Headcount 10-50
Employee Profiles 4
Employee Profiles
People
Marcelino Alvarez
Chief Executive Officer
People
Nick Schoeps
Chief Technology Officer
People
Leon Wolf
Grant Development Manager
People
Marcus Marjama
VP of Engineering

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Funding Insights of Photon Marine

Photon Marine has successfully raised a total of $190K across 4 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 Photon Marine

Photon Marine has secured backing from 5 investors, including venture fund investors. Prominent investors backing the company include Ideaship, Bend Venture Conference and Elevate Capital.

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Venture Fund
Investor Description Founded Year Domain Location
Early-stage ventures are funded by Ideaship VC fund.
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An angel investment conference is organized in Bend, Oregon.
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Venture capital fund focused on underserved entrepreneurs is provided.
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Investor details for Photon Marine

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Investments & Acquisitions by Photon Marine

Investments
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Investment portfolio details for Photon Marine

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Financial Statements - Photon Marine

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Detailed financials for Photon Marine

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Photon Marine Comparisons

Photon Marine Primary company
Description
Manufacturer of electric outboard motors and electric workbo...
Location
Portland, United States
Founded Year
2021
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Photon Marine

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Competitors of Photon Marine

Photon 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, Japan Engine Corporation, Dolprop, DuXion and Tow-Botic Systems, among others.

Company Name Domain Founded year HQ Location Description
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Electric outboard motors and propulsion systems are distributed globally.
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IoT-based monitoring solutions for marine industry are provided.
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Creates efficient, silent, and safe biomimetic propulsion for maritime applications.
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Electric propulsion systems are supplied for aircraft and marine vessels.
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Towing systems for in-harbour vessel manoeuvring are developed.
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Detailed competitors of Photon Marine

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Latest news on Photon Marine

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Complete news archive for Photon Marine

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Frequently Asked Questions about Photon Marine

Photon Marine was founded in 2021.

Photon Marine is headquartered in Portland, United States. It is registered at Portland, Oregon, United States.

Marcelino Alvarez is the current CEO of Photon Marine.

Photon Marine is a funded company, having raised a total of $190K across 4 funding rounds to date.

Photon Marine was founded in 2021 and is based in Portland, United States. Operations focus on the commercial marine sector, where electric propulsion systems are developed for vessels used in survey, crew transport, and enforcement tasks. Partnerships with boat builders enable the delivery of customized electric workboats. Sustainable solutions are emphasized to meet diverse operational requirements in marine environments.

Photon Marine's top competitors include ePropulsion, Japan Engine Corporation and DuXion.

Photon Marine offers Silverback Grizzly, Silverback Sherpa, Silverback Versabarge, Ghostworks G40, and Foil Yachts Global.

Photon Marine has 5 investors. Key investors include Ideaship, Bend Venture Conference, Elevate Capital, Portland Seed Fund, and Climate Capital.

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