All-Electric Pure Outboard Gets Major Funding
Will your next RIB be powered by an all-electric outboard? It will indeed, if Andy Rebele, the founder and CEO of Pure Watercraft in Seattle, has anything to say about it. Started in 2011, Pure just got a major infusion of cash, some $23.4 million in Series A funding, to expand its Pure Outboard business. The funding was led by L37 Ventures, a San Francisco venture capital firm that specializes in disrupting markets, with help from some Amazon executives and others. The new money will let Pure expand its operations in Seattle. It has already been beta testing its first…