Sweden · Maritime startup

Zparq AB

Zparq AB is a Swedish DeepTech startup founded in 2020 and based in Älta, Stockholm.

Funding reportedLast round: Venture (Round not Specified)

MaritimeStockholm, Sweden

About Zparq AB

Zparq AB is a Swedish DeepTech startup founded in 2020 and based in Älta, Stockholm.

The company focuses on developing advanced electric drivetrains and compact electric marine motors for leisure boats and commercial vessels. Zparq's technology originated from a collaboration with the Royal Institute of Technology (KTH) in Stockholm, where it was initially tested on underwater robots and foiling vessels. Zparq offers a range of services, including the development of electric powertrains, sales and maintenance of electric motors, custom integration solutions for various vessel types, and technology testing. Their product lineup features the Zparq Z10 Electric Outboard Motor, complete electric powertrains, and submersible electric motors, all designed to provide emission-free, efficient, and low-maintenance propulsion. The company is recognized for its innovative motor design and has received significant funding, including a €5.5 million EU grant and a €2.5 million seed round, positioning it as a leader in sustainable marine technology.

What company datasets say Zparq AB raised

Funding, as reported

Reported in all8.8Min the source's currency
Last roundVenture (Round not Specified)
Last round size6M
Last round dateOct 2025
Investors listed5

The company, in detail

What they build

Known for

marine environmental impactquiet operationelectric outboard motormarine power efficiencylong-range batteriesenvironmentally friendlywatercraft drive systempressure-resistant underwater motorsscalable electric propulsionwaterproof motormarine industry innovationmarine battery packselectric boat motormarine battery technologycompact designb2c

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Sector
Maritime
Industry code
NAICS 335312, 336612, SIC 3559, 3621, 3731
Region
Stockholm County
Revenue
1M a year, as listed

Maritime in Sweden

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