X Shore SEK 50m Capital Raise | Q2 2025

About X Shore 

X Shore builds award-winning, fully electric boats that combine performance, technology, and Scandinavian design with a commitment to sustainability. With deliveries across EU, NA, and the APAC, X Shore is shaping the future of marine mobility and acting as a catalyst in the industry’s transition to electric. 

Press release

The transaction: 

X Shore, the Swedish electric boat manufacturer and pioneer in sustainable marine mobility, has successfully closed a 50 MSEK financing round. The round was completed with the support of both existing and new investors, underscoring continued belief in X Shore’s mission, team, and long-term growth strategy. 

X Shore serves both the recreational and professional markets, where regulation, sustainability targets, and total cost of ownership are accelerating the shift to electric boats. For professional operators, X Shore’s platforms offer an 84 to 90 percent reduction in operational costs compared to ICE alternatives, while significantly cutting CO₂ emissions, fuel consumption, and noise pollution. These are all factors that are increasingly regulated in ports, protected waters, and coastal cities. 

With unmatched production economics in its category, in-house composite manufacturing, and a Cicero dark green sustainability rating, X Shore operates one of the most advanced electric boat production facilities in the world. The facility is capable of building up to 900 boats per year with consistent quality, traceability, and environmental integrity. 

Vator Securities has acted as sole financial advisor in the financing round. 

Website: https://xshore.com/