Companies

Pure Watercraft secures US$37.5m funding for electric outboards

> , By 2020-12-21T14:31:00

Pure-Watercraft-Highfield-Rigid-Inflatable-Classic-Deluxe-380

US-based Pure Watercraft closed a US$37.5m Series A round of funding on Friday, which includes a previously announced US$23.4m. The oversubscribed funding round was led by venture capital and private equity firm L37, whose managing partner Randall Ussery will take a seat on the Pure Watercraft board of directors.

US-based Pure Watercraft closed a US$37.5m Series A round of funding on Friday, which includes a previously announced US$23.4m. The oversubscribed funding round was led by venture capital and private equity firm L37, whose managing partner Randall Ussery will take a seat on the Pure Watercraft board of directors.

 
Subscribe to IBI Plus
Subscribe to unlock this article

Keep reading for
£1 a week

Subscribe to IBI Plus


Subscribe today for just £1 and enjoy unlimited access to
every article and story at ibinews.com and in the daily newsletter


With IBI Plus, you’ll enjoy:

  • +Unrestricted access to all subscriber-only content
  • +Explore 50,000+ archived articles and stories
  • +Tap into 50+ years of global boating insight
  • +Access exclusive market and company data to find out where your business stands
  • +Read sector and country reports across established and emerging markets

SUBSCRIBE Just £1 a week

There’s no commitment, you can cancel any time.

Already a subscriber? Log in