Where is Vessev Tech located?

Vessev Tech is headquartered in Auckland, New Zealand.

How many employees does Vessev Tech have?

As of Jun 30, 2026, the latest employee count at Vessev Tech is 50.

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 21, 2026.

When was the latest funding round of Vessev Tech?

Vessev Tech's latest funding was a $***** Series A round on Aug 21, 2026, with participation from 7 investors.

Where does Vessev Tech rank among its competitors?

Vessev Tech ranks 4th amongst 18 active competitors, of which 4 are funded. It stands 2nd in terms of total funding among its competitors. The most recent competitor to raise funding was Candela, which secured $32M in Mar, 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

Vessev Tech is a series A company based in Auckland (New Zealand). It operates as a Developer of electric hydrofoiling vessels for passenger, hospitality, and tourism sectors. Vessev Tech has raised $19.2M in funding. The company has 18 active competitors, including 4 funded and 1 that has exited. Its top competitors include companies like Candela, Artemis Technologies and Navier.

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 21, 2026, $*****

Investors

Icehouse Ventures

Ranked

4^th among 18 active competitors

Employee Count

50 as on Jun 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 21, 2026 for $*****. 7 investors participated in its latest round. Vessev Tech has 1 institutional investor.

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 21, 2026	3637284	Series A	2592610	6937136	1325863	4317575

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View details of Vessev Tech's funding rounds and investors

Vessev Tech's employee count trend

Vessev Tech has 50 employees as of Jun 26. Here is Vessev Tech's employee count trend over the years:

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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	Artemis Technologies 2017, Belfast (United Kingdom), Seed	Provider of maritime design and yacht racing solutions	-	Gunvor Group, Nyera & 7 others	54/100
3rd	Navier 2020, San Francisco (United States), Series A	Developer of electric propulsion systems and hydrofoils for recreational boating	$7.2M	Climate Capital, NextView Ventures & 7 others	48/100
4th	Vessev Tech Auckland (New Zealand), Series A	Developer of electric hydrofoiling vessels for passenger, hospitality, and tourism sectors	$19.2M	Icehouse Ventures	53/100
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	29/100
7th	Quadrofoil 2011, Slovenska Bistrica (Slovenia), Series A	All-electric personal hydrofoiling watercraft	$4.76M	AlpVent	27/100
8th	ENAUTIC 2019, Perth (Australia), Unfunded	Developer of electric hydrofoil propulsion systems	-	-	26/100
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