Sharrow Marine
24400 Jefferson Ave, Saint Clair Shores, Michigan, 48080, United States
Overview
Sharrow Marine, a subsidiary of Sharrow Engineering LLC, manufactures revolutionary patented propellers including the Sharrow Propeller and the Sharrow MX™ Propeller. The MX™ won an NMMA® Innovation Award at the 2020 Miami International Boat Show and the Sharrow Propeller is available for major outboard manufacturers such as Yamaha, Mercury, Honda, Evinrude, Suzuki, Johnson, Nissan, OXE, and COX. The company develops propulsion technology for both marine and aeronautical industries and has assembled a multidisciplinary team of aeronautical, nautical, aerospace, and mechanical engineers. Sharrow used a recent financing to acquire equipment, expand manufacturing capacity, and accelerate sales, marketing, and R&D efforts. Management has stated the funding will also help complete significant licensing arrangements to penetrate new and existing markets. The company is headquartered in Detroit, MI.
- Total raised
- $30M
- Funding rounds
- 2
- Latest round
- Equity
- Latest activity
- Jul 2023
Industries
- Aerospace
- Manufacturing
- Marine Technology
- Mechanical Engineering
Recent funding
Equity
Jul 2023
$30M