ExploMar Overview

  • Year Founded
  • 2021

Year Founded

  • Status
  • Private

  • Employees
  • 50

Employees

  • Latest Deal Type
  • Series C

  • Latest Deal Amount
  • $14.9M

  • Investors
  • 10

ExploMar General Information

Description

Manufacturer of electric marine propulsion systems designed to provide sustainable and intelligent propulsion for recreational and commercial watercraft. The company offers electric outboard motors, axial-flux motor technology, battery systems, integrated charging infrastructure, and vessel management software, enabling boat operators, marine transportation providers, and recreational boating users to reduce emissions and enhance operational efficiency.

Contact Information

Website
www.explomar.tech
Formerly Known As
Qingbo Exploration (Shanghai) Energy Technology
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Corporate Office
  • Building 15
  • Number 133 Huangpujiang Road
  • Changshu, Jiangsu 201715
  • China
+86 021
Primary Industry
Electrical Equipment
Other Industries
Alternative Energy Equipment
Marine
Vertical(s)
CleanTech, Mobility Tech, Manufacturing, Climate Tech
Corporate Office
  • Building 15
  • Number 133 Huangpujiang Road
  • Changshu, Jiangsu 201715
  • China
+86 021

ExploMar Timeline

2023202420252026
Financing RoundCaptured Employee CountEstimated Employee Growth

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ExploMar Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
6. Later Stage VC (Series C) 15-Sep-2026 $14.9M Completed Generating Revenue
5. Secondary Transaction - Private 06-Nov-2025 Completed Generating Revenue
4. Early Stage VC (Series B) 05-Nov-2025 Completed Generating Revenue
3. Early Stage VC (Series A) 15-Apr-2024 Completed Generating Revenue
2. Early Stage VC 07-Mar-2023 Completed Generating Revenue
1. Seed Round 20-Oct-2021 Completed Startup
To view ExploMar’s complete valuation and funding history, request access »

ExploMar Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Manufacturer of electric marine propulsion systems designed to provide sustainable and intelligent propulsion for recrea
Electrical Equipment
Changshu, China
50 As of 2025

Florø, Norway
 

Bristol, RI
 
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ExploMar Competitors (2)

One of ExploMar’s 2 competitors is Evoy, a Formerly VC-backed company based in Florø, Norway.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Evoy Formerly VC-backed Florø, Norway
Flux Marine Venture Capital-Backed Bristol, RI
You’re viewing 2 of 2 competitors. Get the full list »

ExploMar Patents

  • 2

    Total Documents Applications and Grants

  • Total Patents Families

  • Granted

  • 1

    Pending

  • Expiring in next 12 mo

ExploMar Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
EP-4737307-A1 Electric outboard motor aluminum plate-fin heat dissipation device Pending 24-Jul-2023
WO-2025020238-A1 Electric outboard motor aluminum plate-fin heat dissipation device Inactive 24-Jul-2023

ExploMar Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

Majestic Referring Domains

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ExploMar Investors (10)

Investor Name Investor Type Holding Investor Since Participating Rounds
Suzhou Innovation Investment Group Venture Capital Minority
37 Interactive Entertainment Corporation Minority
Anhui Taiyun Investment Management Corporate Venture Capital Minority
Changshu Guofa Venture Capital Government Minority
Delian Capital Venture Capital Minority
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ExploMar FAQs

  • When was ExploMar founded?

    ExploMar was founded in 2021.

  • Where is ExploMar headquartered?

    ExploMar is headquartered in Changshu, China.

  • What is the size of ExploMar?

    ExploMar has 50 total employees.

  • What industry is ExploMar in?

    ExploMar’s primary industry is Electrical Equipment.

  • Is ExploMar a private or public company?

    ExploMar is a Private company.

  • What is ExploMar’s current revenue?

    The current revenue for ExploMar is .

  • How much funding has ExploMar raised over time?

    ExploMar has raised $34.9M.

  • Who are ExploMar’s investors?

    Suzhou Innovation Investment Group, 37 Interactive Entertainment, Anhui Taiyun Investment Management, Changshu Guofa Venture Capital, and Delian Capital are 5 of 10 investors who have invested in ExploMar.

  • Who are ExploMar’s competitors?

    Evoy and Flux Marine are competitors of ExploMar.

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