ExploMar

Ship Building & RepairSeries ASuzhou, Chinaexplomar.com.cn

Latest round

Series A

Last raised

Nov 2025

Total raised

$24M

Investors

9

About ExploMar

Established in 2021 and based in Shanghai, China, ExploMar is an energy company that focuses on developing hydrogen boats. The company specializes in applying hydrogen energy to the marine field,  transforming the boat power system and energy drive. It has developed an electric speedboat with a top speed of 50 knots and a maximum range of 100 kilometers. Users can choose from the 300hp, 150hp, and 70hp WAVE series of high-performance modular powertrains developed by the company according to their needs. The company generates revenue by providing electric speedboats and other related products.

Who invested in ExploMar

9 investors across 3 rounds

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Funding rounds

  1. Series A

    Nov 7, 2025

    Amount

    $10M

    Investors

    Locked

  2. Series A

    May 31, 2024

    Amount

    $14M

    Investors

    Locked

  3. Seed

    Oct 20, 2021

    Amount

    Undisclosed

    Investors

    Locked

Questions about ExploMar

Who invested in ExploMar?

ExploMar has 9 investors on record across 3 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has ExploMar raised?

ExploMar has raised 3 venture rounds. Sign up free to see how much each round raised and the total.

When did ExploMar last raise money?

ExploMar's most recent round on record is a Series A, in Nov 2025.

What does ExploMar do?

Established in 2021 and based in Shanghai, China, ExploMar is an energy company that focuses on developing hydrogen boats.

Where is ExploMar headquartered?

ExploMar is headquartered in Suzhou, China.

Which VCs invest in companies like ExploMar?

Among active investors with capital left to deploy, Shanghai State-owned Capital Investment Leading Fund, Hui Hua Fund, Yufu Capital and ICBC Capital Management back ship building & repair companies at ExploMar's stage. Their profiles are linked below.

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