Photon Marine

📍 Portland, United States🗓 Founded 2021👥 16 employees💰 Last funded Jan 2025
At Photon, our vision is to preserve the planet’s waterways and oceans through the adoption of electric propulsion technology. When compared to boats powered by internal combustion engines, we estimate that our product will reduce the total cost of ownership by almost half, require less maintenance without sacrificing performance while eliminating the use of fossil fuels. This is a clear and ripe opportunity for technical innovation that’s good for people, planet, and profit. We are developing an electric outboard motor system and integrated fleet management software platform to provide an alternative propulsion system for small boat vessels. The system includes a first in-class electric motor (300 HP, 63 kWh battery) and software capable of providing predictive maintenance, optimized operator profiles, fleet management, telemetry, and eventually, semi-autonomous functions. The software platform will also enable our revenue model, a lease optimized to actual use. We will initially target tourism and transportation fleets including businesses such as whale watching, scuba and snorkel, boat rentals, charter fishing, and water taxis. We have developed a blueprint for how to bring key stakeholders to the table, including small businesses, utility companies, governmental and regulatory organizations, marinas, and charging infrastructure partners. This blueprint is currently being built for the state of Oregon and will be replicated in our target markets.
6
Total investors
3
Early stage
3
Mid stage
0
Late stage
2021
Founded
Investor geography2 countries
United States
5
Singapore
1
Investor activity2022–2025 · investors recorded per year
20222202312024220251
Recent (last 2y)Earlier
Frequently asked questions
Who invested in Photon Marine?
Photon Marine has 6 investors on record on gritt.io, including 3 early-stage backers, 3 mid-stage.
When did Photon Marine last raise funding?
The most recent investment in Photon Marine recorded on gritt.io was in January 2025.
When was Photon Marine founded?
Photon Marine was founded in 2021.
What industry is Photon Marine in?
Photon Marine operates in Transportation, Logistics, Supply Chain and Storage. Find similar Transportation, Logistics, Supply Chain and Storage investors on gritt.io.
Where is Photon Marine based?
Photon Marine is headquartered in Portland, United States.