Evoy logo — Irresistible electric boating

Evoy

Irresistible electric boating

Founded 2018 Norway Norway 22 employees Series Unknown Total: $11.91M Manufacturing, Transportation

General Information

Company Name Evoy
Founded Year 2018
Location Norway Norway +1
Founders / Decision Makers
Team member Team member
Employees 22
Industries Manufacturing, Transportation
Funding Stage Series Unknown
Social

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About Evoy

Evoy, founded in 2018, is at the forefront of transforming the marine industry with its tagline: "Irresistible electric boating". This Norwegian company specializes in manufacturing and transportation, offering powerful and sustainable electric motor systems for boats ranging from 20 to 50 feet. Evoy's systems boast 120-400 continuous horsepower, encapsulating their commitment to reduce emissions without sacrificing performance or user convenience.

Currently headquartered in Norway, Evoy is the market leader in performance inboard and outboard electric boat motor systems. The company's competitive edge lies in its cutting-edge technology and mission to deliver the next generation of boating experiences today.

In its most recent funding, Evoy secured a €7.30M Venture Round investment on 27 April 2022, supported by prominent investors such as the European Innovation Council, Farvatn Venture, Klaveness Marine, Link Venture Capital, Johan Brand, Grieg Edge, Peter Murane, and Martin Anderlind.

Taxonomy: Electric Boating, Sustainable Solutions, Inboard Electric Motors, Outboard Electric Motors, Marine Technology, Emission Reduction, Electric Propulsion Systems, Plug-and-Play Systems, High-Performance Boating, Zero Emissions, Clean Energy, Silent Propulsion, Boating Innovation, Battery-Powered Boats

Services & Products

Design and development of electric motor systems for boats
Distribution of electric motors for commercial and recreational use
Smart monitoring and software update services for marine motors

Target Customers

Recreational boaters Marine tourism operators Commercial workboat operators Government and patrol fleets

Funding Rounds & Investors (4)

View All
Funding Stage Amount Investors Lead Investors Date
Grant •••••• 1
Investor
27 Apr 2022
Venture Round •••••• 8
Investor Investor Investor Investor
•••• ••••
27 Apr 2022
Venture Round •••••• 1
Investor
19 May 2020
Grant •••••• - 19 May 2020

Evoy Alternatives & Competitors

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Evoy vs
Propel
Propel The Netherlands

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1 employees
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Evoy vs
Pure Watercraft
Pure Watercraft United States

Delivering an unparalleled boating experience while protecting the marine environment for future gen...

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Evoy vs

VMAR | Nasdaq listed "The Future of Marine Propulsion"

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FAQ About Evoy

Irresistible electric boating
Evoy was founded in 2018.
Evoy is headquartered in Norway.
Evoy operates in the following industries: Manufacturing, Transportation.
Evoy has approximately 22 employees.
Evoy has completed 4 funding rounds, raising a total of $11.91M. The latest funding stage is Series Unknown.
Evoy offers: Design and development of electric motor systems for boats, Distribution of electric motors for commercial and recreational use, Smart monitoring and software update services for marine motors.
Top alternatives and competitors to Evoy include Propel, Pure Watercraft, Vision Marine Technologies, RAND Boats, SV Business Group Inc.. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Evoy and Propel are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

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