Amount Raised
$10 Million
Round Type
Funding Round
Investors
Description
SWITCH Maritime LLC, a US-based company developing electrified, zero-emission ferries powered by battery and hydrogen fuel cell, has raised $10 million in a Series A round led by Nexus Development Capital to grow its fleet. Founded in 2018 by a veteran team of maritime energy transition leaders, SWITCH’s mission is to enable private and public municipal ferry operators to more easily replace their carbon-intensive, diesel-powered fleets while reducing operating and fueling costs over the lifetime of their vessels.
Quick answer
SWITCH Maritime raised $10 Million in a Funding Round round, dated November 16, 2023. Investors: California Climate Investments Initiative, California Air Resources Board and Nexus Development Capital. SWITCH Maritime is based in Jackson, Wyoming, United States.
- How much did SWITCH Maritime raise?
- SWITCH Maritime raised $10 Million in a Funding Round round on November 16, 2023.
- Who invested in SWITCH Maritime?
- California Climate Investments Initiative, California Air Resources Board and Nexus Development Capital are named as investors in this round.
- What does SWITCH Maritime do?
- Established in 2018, SWITCH Maritime LLC (“SWITCH”) is focused on enabling private and public municipal ferry operators to more easily transition away from their carbon-intensive diesel-powered fleets, while reducing..
- Where is SWITCH Maritime based and how big is it?
- SWITCH Maritime is based in Jackson, Wyoming, United States.
- Who are the decision-makers at SWITCH Maritime?
- Fundz holds 1 contact at SWITCH Maritime. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Transportation around the same time
Companies in the same sectors as SWITCH Maritime that raised within 45 days of this round, from Fundz verified event records.
- Sharrow Marine raised $8.2M (Seed) on December 29, 2023.
- G2Mint raised $400K (Seed) on December 28, 2023.
- Partrunner Deliveries raised $208K (Seed) on December 26, 2023.
- Oxyzen Express raised $3M (Seed) on December 23, 2023.
- Better Trucks Last Mile raised $6.5M on December 22, 2023.
- BluSmart Mobility raised $24M (Funding Round) on December 21, 2023.
Who to call at SWITCH Maritime, and when
A new round usually means SWITCH Maritime is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day SWITCH Maritime raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at SWITCH Maritime, from your own LinkedIn network
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Fundz sees it the moment SWITCH Maritime raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
Related People
SWITCH Maritime raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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