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Rad Propulsion

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Innovative electric marine propulsion systems enhancing performance and usability for commercial and leisure vessels

Fareham, United KingdomFounded 2018Semiconductors
Valuation $25–50M Last recorded · 2026
Headcount <100 Current team size
Total funding $10–50M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for Rad Propulsion and the history behind them.

About Rad Propulsion

RAD Propulsion, founded in 2018 by Richard Daltry and Dan Hook, is a pioneering company in the marine propulsion industry, leveraging advanced electric technology, computing power, and connectivity to revolutionize marine propulsion systems. The company serves both commercial and leisure clients, providing bespoke design, detailed engineering, installation, and lifelong support. RAD Propulsion operates in the maritime market, focusing on high-spec boats and sustainable water travel solutions. Its business model revolves around the development and sale of cutting-edge electric propulsion systems, such as the RAD 40, which offer superior performance and usability. Revenue is generated through direct sales, partnerships, and long-term service agreements. Key partnerships, like the one with Stephens Waring Design, enhance RAD Propulsion's capabilities in naval architecture and engineering, further solidifying its market position.

Source: Dealroom company data

At a glance

Founded
2018
Headquarters
Fareham, United Kingdom
Sector
Semiconductors

Investors

10 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Seed3 investors entered at this stage

  • British Robotics Seed Fund
  • Ocean Infinity
  • UK Research and Innovation

Series A7 investors entered at this stage

  • One Planet Capital
  • Vala Capital
  • The FSE Group
  • High Growth Robotics
  • Fair Advisers
  • Blake Morgan
  • Mercia Ventures
Team profiled 4 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 3 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
1 countries with
team presence
🇬🇧 United Kingdom100%
1 country shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Rad Propulsion on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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