Where is Vessev Tech located?

Vessev Tech is headquartered in Auckland, New Zealand.

How many employees does Vessev Tech have?

As of Sep 30, 2026, the latest employee count at Vessev Tech is 54.

Is Vessev Tech a funded company?

Vessev Tech is a funded company, having raised a total of $***** in its 1st and only funding round, a Series A round on Aug 20, 2026.

When was the latest funding round of Vessev Tech?

Vessev Tech's latest funding was a $***** Series A round on Aug 20, 2026, with participation from 7 investors.

Where does Vessev Tech rank among its competitors?

Vessev Tech ranks 2nd amongst 18 active competitors, of which 5 are funded. It stands 2nd in terms of total funding among its competitors. The most recent competitor to raise funding was Vessev Tech, which secured $19.2M in Aug, 2026.

Who are the top competitors of Vessev Tech?

Vessev Tech's top competitors include Candela, Artemis Technologies and Navier. Among them, Vessev Tech secured the most recent funding round in August, 2026.

Vessev Tech - 2026 Company Profile, Funding & Competitors

Company Details

Developer of electric hydrofoiling vessels for passenger, hospitality, and tourism sectors. These vessels provide transportation solutions for waterfront developments and leisure activities. The company designs, builds, and assembles vessels, focusing on efficiency and performance. It aims to offer a cleaner and more connected experience on the water.

Website: www.vessev.com/
Social

Key Metrics

Location

Auckland, New Zealand

Stage

Series A

Total Funding

$19.2M in 1 round

Latest Funding Round

Series A, Aug 20, 2026, $*****

Investors

Blackbird Ventures & 6 more

Ranked

2^nd among 18 active competitors

Employee Count

54 as on Sep 30, 2026

Similar Companies

Candela & 15 more

View Vessev Tech's full profile

Vessev Tech has raised a total funding of $19.2M over 1 round. Its latest funding round was a Series A round on Aug 20, 2026 for $*****. 7 investors participated in its latest round. Vessev Tech has 7 institutional investors.

Here is the list of recent funding rounds of Vessev Tech:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Aug 20, 2026	5197809	Series A	6213822	9416876	8015420	5691792

Access funding benchmarks and valuations. Sign up today!

View details of Vessev Tech's funding rounds and investors

Vessev Tech's employee count trend

Vessev Tech has 54 employees as of Sep 26. Here is Vessev Tech's employee count trend over the years:

Uncover Vessev Tech's growth story! Sign up today!

Access Tracxn on any website

Our Google Chrome extension lets you view company details while browsing their websites

Install Tracxn Extension

Top competitors of Vessev Tech include Candela, Artemis Technologies and Navier. Here is the list of Top 10 competitors of Vessev Tech, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Candela 2014, Stockholm (Sweden), Acquired	Manufacturer of hydrofoiling electric boats and ferries for water transport	$148M	EQT, SEB & 6 others	71/100
2nd	Vessev Tech Auckland (New Zealand), Series A	Developer of electric hydrofoiling vessels for passenger, hospitality, and tourism sectors	$19.2M	Shasta Ventures, Icehouse Ventures & 5 others	54/100
3rd	Artemis Technologies 2017, Belfast (United Kingdom), Seed	Provider of maritime design and yacht racing solutions	-	Gunvor Group, Nyera & 7 others	53/100
4th	Navier 2020, San Francisco (United States), Series A	Developer of electric propulsion systems and hydrofoils for recreational boating	$7.2M	Climate Capital, Boost VC & 7 others	48/100
5th	Seachange 2020, New Zealand, Seed	Operator of platform providing resources and guidance for career transition	-	Climate Capital, Infinite Capital & 13 others	32/100
6th	SeaBubbles 2016, Lyon (France), Funding Raised	Manufacturer of electric hydrofoil boats	-	Europa	28/100
7th	Quadrofoil 2011, Slovenska Bistrica (Slovenia), Series A	All-electric personal hydrofoiling watercraft	$4.76M	AlpVent	28/100
8th	ENAUTIC 2019, Perth (Australia), Unfunded	Developer of electric hydrofoil propulsion systems	-	-	27/100
9th	THE JET ZeroEmission 2021, Geneva (Switzerland), Unfunded	Manufacturer of electric hydrofoils	-	-	25/100
10th	Foilchemy 2017, Gipuzkoa (Spain), Funding Raised	Manufacturer of electric hydrofoils	-	Orza	24/100