FleetZero raises $60 million in Series A funding to advance modular battery technology for electrifying cargo ships, aiming for a production of 300 MWh in Houston.
Amount Raised
$60 Million
Round Type
Series A
HoustonInformation TechnologyDescription
FleetZero, founded by Mike Carter and Steven Henderson, has raised about $60 million in Series A funding. The company specializes in modular battery technology for cargo ships and aims to produce 300 MWh of batteries this year. With a new manufacturing and R&D facility in Houston, FleetZero is poised for significant scalability. The company employs 40 people and challenges traditional maritime assumptions.
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