Fleetzero Raises $43 Million Series A from Obvious Ventures, Maersk Growth, and others to Scale Shipping Electrification and Autonomy.
Amount Raised
$43 Million
Round Type
Series A
HoustonInformation TechnologyInvestors
Description
Fleetzero, a marine technology company, announced a $43 million Series A financing and the opening of a new manufacturing and R&D facility in Houston, Texas. The capital will be used to expand manufacturing of Fleetzero's Leviathan™ propulsion system. This facility will serve as the hub for their production and development efforts aimed at shipping electrification. They aim to increase production capacity significantly over the next five years.
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