Zen Yachts designs and builds the ZEN50, an exploration-oriented, ocean-going solar-electric catamaran crafted from carbon fiber and engineered for continuous operation without fossil fuels. The ZEN50 pairs extensive solar capability with a wind propulsion system provided by partner AYRO, allowing the company to claim unlimited range and 24/7/365 operation with zero emissions. The company reports that the first four ZEN50 production slots have already been reserved, with prices ranging from $1.5 million up to £2.6 million, indicating early commercial traction. Zen Yachts positions itself in the recreational and maritime-decabonisation market and emphasizes immediate deployability of its technology. Financially, the company has just closed a Series A round, which the team says will support the next phase of the business. Quotes from Ocean Zero underline the urgent need for boat electrification and the market opportunity identified by investors.

Total raised

$6M

Funding rounds

1

Latest round

Series A

Latest activity

Mar 2023