# ePropulsion Innovation

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/epropulsion-innovation

- Industry: Industrial Machinery
- Headquarters: Dongguan, China
- Website: www.epropulsion.com
- Total disclosed funding: $17M
- Latest round: Series B (Nov 30, 2021)
- Investors on record: 6

## About

Established in 2012 and based in Dongguan, China, ePropulsion is a company that focuses on the research and development of electric ship propulsion systems and relevant products. The company has nearly 300 employees.

The company engages in the research and development of electric ship propulsion systems and relevant products. Its main products include F series, Navy series, Spirit series electric outboard motors, and electric pod thrusters, etc. The company focuses on the overseas C-end market. The company's products are sold to Europe, North America, Australia and Southeast Asia.

## Funding rounds

- Series B, Nov 30, 2021, $15M — Lightspeed Venture Partners
- Series B, Mar 3, 2021 — Shenzhen HTI, Hangzhou Youxiang Investment Management, Dongguan Financial Holdings Group, Shenzhen Huayou Investment
- Series A, Apr 1, 2016, $2.3M — Hillhouse Investment

## Investors

- Hillhouse Investment (https://capitalatlas.ai/funds/hillhouse-investment) — Series A
- Shenzhen HTI (https://capitalatlas.ai/funds/shenzhen-hti) — Series B
- Hangzhou Youxiang Investment Management (https://capitalatlas.ai/funds/hangzhou-youxiang-investment-management) — Series B
- Dongguan Financial Holdings Group (https://capitalatlas.ai/funds/dongguan-financial-holdings-group) — Series B
- Shenzhen Huayou Investment — Series B
- Lightspeed Venture Partners (https://capitalatlas.ai/funds/lightspeed-venture-partners) — Series B