Pure Watercraft, provider of next-generation electric marine propulsion solutions, today announced it has raised $23.4 million in Series A funding led by L37, a San Francisco Bay Area venture capital and private equity company. Pure Watercraft will use the new funding to scale operations from beta to broad commercialization, including building out its manufacturing facility, growing its direct-to-customer field installation and support team, and hiring key engineering, sales and marketing, and manufacturing talent.