Tech Company Financing Transactions

Sharrow Marine Funding Round

Dolby Family Ventures and private investors participated in a $30 million venture round for Sharrow Marine. This venture round was announced on 6/21/2023.

Transaction Overview

Company Name
Announced On
6/21/2023
Transaction Type
Debt
Venture Equity
Amount
$30,000,000
Round
Undisclosed
Investors

Dolby Family Ventures (Lead Investor)

private investors (David Dolby)

private investors (John McFadden)

Proceeds Purpose
The company intends to use the funds to accelerate its growth plans and to continue developing innovative propeller technology for the marine and aeronautical industries.

Company Information

Company Status
Private & Independent
Industry
Manufacturing
Mailing Address
1845 Walnut St 1601
Philadelphia, PA 19103
USA
Email Address
Overview
The award-winning Sharrow Propeller� was invented by Gregory Sharrow and developed by Sharrow Engineering LLC, a Philadelphia-based nautical and aeronautical design firm. In 2019, Sharrow Marine was launched by Sharrow Engineering for all nautical applications for the Sharrow Propeller�.
Profile
Sharrow Marine LinkedIn Company Profile
Social Media
Sharrow Marine Company Twitter Account
Company News
Sharrow Marine News
Facebook
Sharrow Marine on Facebook
YouTube
Sharrow Marine on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Gregory Sharrow
  Gregory Sharrow LinkedIn Profile  Gregory Sharrow Twitter Account  Gregory Sharrow News  Gregory Sharrow on Facebook
Chief Operating Officer
Blair Wolcott
  Blair Wolcott LinkedIn Profile  Blair Wolcott Twitter Account  Blair Wolcott News  Blair Wolcott on Facebook


 

 

Browse more venture capital transactions:

Prev: 6/21/2023: Cleareye.ai venture capital transaction
Next: 6/21/2023: Aledade venture capital transaction

 

Share this article

 


Where The Data Comes From

We do our best to report on tech company VC transactions. VC investment data records reported here are sourced from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


Additional Resources for Entrepreneurs

Lists of Venture Capital and Private Equity Firms

Franchise Opportunities

Contributors

Business Glossary