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X Shore Secures €8.5M Funding
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X Shore, the Swedish electric boat manufacturer dubbed the 'Tesla of electric boats,' has recently raised €8.5M in funding, following a previous round of €26.5M. Led by major shareholders, including founder Konrad Bergström, the funding will fuel product innovation, sales and marketing efforts, and the development of new models, with a focus on achieving profitability and supporting the new factory, X Shore Industries 1.
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How does X Shore's funding raise position it in the competitive electric boat market?
How might X Shore's profitability goals impact the broader adoption of electric boats in the maritime industry?
What specific innovations or features set X Shore apart from traditional electric boat manufacturers?
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