Tech Company Financing Transactions
ZeroJet Funding Round
On 7/6/2022, ZeroJet raised Series A funding from Movac, Booster Innovation Fund and Impact Enterprise Fund.
Transaction Overview
Company Name
Announced On
7/6/2022
Transaction Type
Venture Equity
Amount
Unknown
Round
Series A
Investors
Movac (Lead Investor) (Mark Stuart)
Proceeds Purpose
The funding will be used to productionise ZeroJet's 20HP system, ramp up sales and marketing internationally and expand the team to support R&D and global sales growth.
Company Information
Company Status
Private & Independent
Industry
Transportation
Mailing Address
5 Te Apunga Place, Mt Wellington
Auckland, 1060
NZ
Auckland, 1060
NZ
Phone
Website
Email Address
Overview
ZeroJet is a fast growing and exciting start-up developing high performance electric jet propulsion systems for boats. Our vision is to eliminate combustion engines on small watercraft. Believe it or not, but 10,000 outboards produce the same emissions as 1.5 million cars!
Management Team
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