# ZParq

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/zparq

- Industry: Industrial Machinery
- Headquarters: Sweden
- Website: www.zparq.se
- Total disclosed funding: $2.7M
- Latest round: Seed (May 29, 2023)
- Investors on record: 3

## About

Founded in 2020 and based in Stockholm, Sweden, ZParq AB operates as a developer and manufacturer of electromechanical marine propellers. In In September 2025, ZParq AB raised venture funding from European Innovation Council and InnoEnergy. The round was part of larger EUR 5.5 million grant and Equity funding.

The company through its patented motor technology, known as Zparq, offers unique advantages to the motor such as being small, lightweight, efficient, requiring minimal maintenance, as well as low noise levels and scalability making the motors suitable for a wide range of applications in the marine industry. The company’s model Zparq provides a sustainable business model to leisure boats, Subsea, and commercial marine industry, because of its electric propulsion technology. The list of products offered by the firm is Z10Outboarder, OEM Motor, Energy Pack, Inverter, Lever, Joy Stick, and mobile apps.

## Funding rounds

- Seed, May 29, 2023, $2.7M — Santander Asset Management, ALMI Invest, InnoEnergy

## Investors

- Santander Asset Management — Seed
- ALMI Invest — Seed
- InnoEnergy (https://capitalatlas.ai/funds/innoenergy) — Seed