New electric outboards investment: $15.5M for Flux Marine

The world of electric boats is attracting more and more serious money with this electric outboards investment in Flux Marine being led by Ocean Zero LLC, a fund created by TED Conferences head Chris Anderson and technology editor Stephen Petranek. Flux Marine is based in Rhode Island and was started by Ben Sorkin, Daylin Frantin and Jon Lord coming out of an engineering project Sorkin led at Princeton University. Their electric outboard received grants from The National Science Foundation, the US Air Force and the Massachusetts Clean Energy Center and went on to win th Electric Boat Association of America’s Wye Island Challenge in 2019 and two awards in the Best New Product at the 2021 Newport International Boat Show: “Best Green Product ” and “Best New Boating Operation, Maintenance or Safety Product.”