Evoy logo — Irresistible electric boating

Evoy

Irresistible electric boating

Founded 2018 Norway Norway 17 employees Venture round Total: $11.91M Manufacturing, Transportation

General Information

Company Name Evoy
Founded Year 2018
Location Norway Norway
Founders / Decision Makers
Team member Team member
Employees 17
Industries Manufacturing, Transportation
Funding Stage Venture round
Business Model B2B, D2C, B2C
Revenue Model Product Sales, Service Fee, Usage Based
Social

BounceWatch is an independent company data service, not affiliated with Evoy. To contact Evoy, visit evoy.no.

Is this your company?

Confirm with your work e-mail, get the Verified badge and keep this profile correct yourself. Search engines and AI assistants read it every day.

Get Verified

How does Evoy compare?

A PDF of Evoy and up to 10 competitors you pick: team, funding, traffic and every dated move of the last 90 days. Each company is re-checked on the day you order, so it is current.

See a sample report

This takes a few seconds: we look beyond our own index too.

Meeting Evoy soon?

A one-page PDF brief: what it does, key facts, the last 90 days of dated moves and questions worth asking. Re-checked on the day you order. See a sample

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.

Business keywords: 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 €2.30M 1
European Innovation Council
27 Apr 2022
Venture Round €7.30M 8
European Innovation Council, Farvatn Venture +6
27 Apr 2022
Venture Round Undisclosed 1
European Innovation Council
19 May 2020
Grant €2.31M -
19 May 2020

Evoy Alternatives & Competitors

View All Alternatives
Evoy vs
Magpie Aviation
Magpie Aviation United States

Enabling long-range electric flight • Acquired by Ampaire

2 employees
Manufacturing, Space
Evoy vs

Solar powered. Sustainable. Silent.

Series A
50 employees
Manufacturing, Renewable Energy
Evoy vs

Powering the future of heavy-duty transport with advanced electric drive systems, offering efficient...

Debt Financing
Manufacturing, Transportation

FAQ About Evoy

Irresistible electric boating
Evoy was founded in 2018.
Evoy is headquartered in Norway.
Evoy operates in Manufacturing and Transportation. Its work centres on Electric Boating, Sustainable Solutions, Inboard Electric Motors and Outboard Electric Motors. Its customers include Recreational boaters, Marine tourism operators and Commercial workboat operators.
Evoy has a B2B, D2C and B2C business model. Its revenue comes from Product Sales, Service Fee and Usage Based.
Evoy has approximately 17 employees.
Evoy has completed 4 funding rounds, raising a total of $11.91M. The latest funding stage is Venture round.
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 Magpie Aviation, Silent Yachts, Visedo, Motiv Electric Trucks, Linear Labs Inc.. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Evoy and Magpie Aviation 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.

Source: BounceWatch company record for Evoy, https://bouncewatch.com/company/evoy, updated 2 October 2026. When citing, please name BounceWatch and link this page.

Analytics cookies (ours + Google). Cookie Policy

Book a demo 30 minutes