About Vision Marine Technologies
Vision Marine Technologies is a company based in Boisbriand (Canada) founded in 1995.. Vision Marine Technologies has completed 1 acquisition, including Nauticalventures. Vision Marine Technologies offers products and services including E-Motion™ 180E, P Powerpack, Electric Pontoon V24, and Electric Boat Fantail 217. Vision Marine Technologies operates in a competitive market with competitors including Pure Watercraft, Arc Boats, Saildrone, Fleetzero and Open Ocean Robotics, among others.
- Headquarter Boisbriand, Canada
- Stage Public
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Sectors
Transportation, Automotive & Logistics
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Vision Marine Technologies Inc
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Annual Revenue
$2.79 M-33.55as on Aug 31, 2024
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Net Profit
$-10.33 M33.34as on Aug 31, 2024
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EBITDA
$-8.97 M36.99as on Aug 31, 2024
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Latest Funding Round
$2.9 M (USD), Post-IPO
Dec 21, 2023
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Investors
Invest Quebec
& 1 more
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Employee Count
Employee Count
- Investments & Acquisitions
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IPO & Listings of Vision Marine Technologies
Vision Marine Technologies is a publicly listed company on the NASDAQ with ticker symbol VMAR in USA, operating in the Consumer durables sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of Vision Marine Technologies
Vision Marine Technologies offers a comprehensive portfolio of products and services, including E-Motion™ 180E, P Powerpack, Electric Pontoon V24, and Electric Boat Fantail 217. 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.
Provides electric propulsion for recreational boats with sustainable power.
Delivers 180 HP electric system for pontoon boats.
Offers zero-emission boating for up to 12 passengers.
Features 6 HP electric motor for leisure water activities.
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Funding Insights of Vision Marine Technologies
- Total Funding Total Funding
- Total Rounds 2
- Last Round Post-IPO — $2.9M
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First Round
First Round
(29 Jun 2021)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Dec, 2023 | Amount | Post-IPO - Vision Marine Technologies | Valuation |
investors |
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| Jun, 2021 | Amount | Grant - Vision Marine Technologies | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Vision Marine Technologies
Vision Marine Technologies has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Invest Quebec and Gouvernement du Québec. 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.
| Investor | Description | Founded Year | Domain | Location |
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Business guidance for corporate companies and startups
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Founded Year | Domain | Location | |
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Government services are provided to residents of Québec, Canada.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Vision Marine Technologies
Vision Marine Technologies has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Nauticalventures. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Marine retail and services are provided by Nautical Ventures.
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Vision Marine Technologies
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Vision Marine Technologies Comparisons
Competitors of Vision Marine Technologies
Vision Marine Technologies 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 Pure Watercraft, Arc Boats, Saildrone, Fleetzero and Open Ocean Robotics, 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 |
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| domain | founded_year | HQ Location |
Electric boats and outboard motors are designed and manufactured.
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| domain | founded_year | HQ Location |
Electric ships are designed and manufactured using marine-grade aluminium.
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| domain | founded_year | HQ Location |
Developer of autonomous unmanned surface vehicle
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| domain | founded_year | HQ Location |
Modular electric cargo ships are built by Fleetzero in Houston.
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| domain | founded_year | HQ Location |
Unmanned autonomous boats are supplied for oceanic data collection.
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| domain | founded_year | HQ Location |
Solar-powered high-altitude airships are provided for connectivity and imaging.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Vision Marine Technologies
Frequently Asked Questions about Vision Marine Technologies
When was Vision Marine Technologies founded?
Vision Marine Technologies was founded in 1995 and raised its 1st funding round 26 years after it was founded.
Where is Vision Marine Technologies located?
Vision Marine Technologies is headquartered in Boisbriand, Canada. It is registered at Boisbriand, Quebec, Canada.
Who is the current CEO of Vision Marine Technologies?
Alexandre Mongeon is the current CEO of Vision Marine Technologies.
What is the annual revenue of Vision Marine Technologies?
Annual revenue of Vision Marine Technologies is $2.79M as on Aug 31, 2024.
What does Vision Marine Technologies do?
Developer of electric boats. It provides users with electric powertrains for boats. Its features include electric propulsion, fibreglass and hardwood construction, cruise electric motors, Li-ion batteries, outboard retractable motors, Bluetooth radio and chargers, carbon fibre poles, boat covers, and underwater and navigational lights.
Who are the top competitors of Vision Marine Technologies?
Vision Marine Technologies's top competitors include Pure Watercraft, Fleetzero and Arc Boats.
What products or services does Vision Marine Technologies offer?
Vision Marine Technologies offers E-Motion™ 180E, P Powerpack, Electric Pontoon V24, and Electric Boat Fantail 217.
Is Vision Marine Technologies publicly traded?
Yes, Vision Marine Technologies is publicly traded on NASDAQ under the ticker symbol VMAR.
How many acquisitions has Vision Marine Technologies made?
Vision Marine Technologies has made 1 acquisition, including Nauticalventures.
Who are Vision Marine Technologies's investors?
Vision Marine Technologies has 2 investors. Key investors include Invest Quebec, and Gouvernement du Québec.
What is Vision Marine Technologies's ticker symbol?
The ticker symbol of Vision Marine Technologies is VMAR on NASDAQ.
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