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§ Private Profile · Suzhou, Jiangsu, China
Manufactures high-performance electric outboard motors and integrated energy systems for zero-emission recreational and commercial marine vessels.
ExploMar is a Shanghai, China-based developer and manufacturer of high-performance electric outboard motors and integrated energy systems for zero-emission marine propulsion. The company produces complete powertrain solutions, including batteries and controls, ranging from 70 to over 300 horsepower for recreational, commercial, and fishing vessels. Operating a manufacturing facility in Changshu with an annual production capacity of up to 1,000 units, the enterprise recently secured a domestic order for nearly 100 electric outboards. ExploMar distributes its marine hardware internationally to dealers across Europe, specifically in the Netherlands and Italy, while also partnering with manufacturers like Kimple Boats to power specialized watercraft. The business has raised over $10 million in venture capital and private equity financing from institutional backers including DCM Ventures and a publicly listed Chinese corporation. ExploMar was founded in 2021 by Alex Dong.
ExploMar has raised $10.0M across 1 funding round.
ExploMar has raised $10.0M in total across 1 funding round.
ExploMar has raised $10.0M across 1 funding round. Most recently, it raised $10.0M Series A in November 2025.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Nov 25, 2025 | $10M Series A | — | DCM | Announced |
ExploMar has raised $10.0M in total across 1 funding round.
ExploMar's investors include DCM.