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Based out of Stockholm, X Shore is a manufacturer of high-end electric crafts to revolutionise the maritime industry with the power of silence. Recently the company has raised €5M funding, led by Peter Dahlberg,
founder and former Group CEO of AniCura.
As per the company claims, the funding will be used to continue the development of X Shore’s high-speed electric 5.8-metre and 8-metre boats, and to ramp-up the team and new facilities in Stockholm.
To-date the company has raised €9.5M of funding, which includes round €1.5M of crowd investment through FundedByMe in the autumn of 2019.
Founder and President, Konrad Bergström, said: