Flux Marine announced a $15 million capital infusion to scale its electric outboard production and expand core technology sales. The funding included participation from existing investors and customers, as well as a new backer, Collide Capital. The startup’s funding totals more than $30 million since 2020.
“Developing our own electric stack — from power electronics and cooling systems to battery packs and battery management systems, software and telematics — gives us complete control over performance, quality, supply chain and long-term cost reduction,” CEO Ben Sorkin said in a statement. “More recently, we’ve received interest from other industries for our rugged and proven underlying technology. We’re leaning into these dual-use opportunities and have been actively delivering solutions to uncrewed platforms.”
Flux’s electric powertrain and battery architecture is available with such partners as Scout, Highfield, Flagship Pontoons and, most recently, Zodiac. Customers are using Flux-powered boats for a variety of applications, from aquaculture in Maine to rental fleets on lakes and twin-outboard superyacht tenders.
