Evoy
Financials
Estimates*
| EUR | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|
| Revenues | - | <1m | <1m | <1m | 1.4m | 2.1m |
| % growth | - | - | 11029 % | 61 % | 57 % | 44 % |
| EBITDA | - | (<1m) | (<1m) | (2.2m) | (3.6m) | - |
| % EBITDA margin | - | (3062 %) | (95 %) | (239 %) | (255 %) | - |
| Profit | (<1m) | (<1m) | (<1m) | (2.4m) | (3.8m) | - |
| % profit margin | - | (3178 %) | (105 %) | (263 %) | (265 %) | - |
Source: Dealroom estimates
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | N/A | - | |
NOK2.1m | Grant | ||
€858k | Grant | ||
€2.3m | Grant | ||
€1.0m | Convertible | ||
* | N/A | €10.0m | Series A |
NOK2.1m | Grant | ||
€2.0m | Early VC | ||
* | NOK20.0m | Grant | |
* | NOK52.0m | Early VC | |
* | €6.4m | Early VC | |
| Total Funding | €31.0m | ||
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EditManufacturer of electric propulsion systems intended to deliver high-output electric motor systems for boats. The company's inboard and outboard electric propulsion systems specialize to equipped with an electric motor that replaces existing diesel and gasoline systems, it is used on commercial and leisure boats, enabling boat owners to significantly lower maintenance and usage cost and voyage without noise, smell, pollution, and breakdowns.
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