Tech Company Financing Transactions
Flux Marine Funding Round
On 7/8/2024, Flux Marine raised $50 million in Series B financing from private investors.
Transaction Overview
Company Name
Announced On
7/8/2024
Transaction Type
Venture Equity
Amount
$50,000,000
Round
Series B
Investors
Proceeds Purpose
Proceeds purposes were not disclosed.
Company Information
Company Status
Private & Independent
Industry
Transportation
Mailing Address
Undisclosed
Bristol, RI Undisclosed
USA
Bristol, RI Undisclosed
USA
Phone
Undisclosed
Website
Email Address
Not Recorded
Overview
Developer of electric boat motors intended to provide power and reliability while reducing pollution. The company's motors leverage solid-state components to facilitate zero emissions with increased performance parameters as well as minimize carbon footprint and are virtually maintenance-free, providing the marine industry with increased transport efficiency and reduced noise, air, and water pollution.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Benjamin Sorkin
Chief Operating Officer
Daylin Frantin
Chief Technical Officer
Jonathan Lord
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