Rad Propulsion: Funding, Investors & Team (Sep 2026)
Rad Propulsion is a manufacturer and distributor of a wide range of electric marine propulsion products, throttles, and tags.
Rad Propulsion has raised $6.3M across 2 funding rounds on record, the most recent an undisclosed round of $5.0M announced in Jul 2026.
That round is in line with the $5.0M median round size for Manufacturing companies tracked on FundedIQ over the last two years.
Rad Propulsion Company Profile and Key Stats
Latest funding round on record: Jul 2026.
Rad Propulsion Funding Rounds
Rad Propulsion raised $1.3M in an undisclosed round announced in Feb 2024.
2.4 years later, an undisclosed round of $5.0M was announced in Jul 2026.
Rad Propulsion Investors
8 investors are recorded in total; the 5 named above are those the record identifies.
Rad Propulsion Founders and Leadership Team
No contact details are on record for this team yet.
Rad Propulsion Funding Compared to Other Manufacturing Startups
Rad Propulsion's latest round of $5.0M is in line with the median round in Manufacturing. Medians cover the last 24 months of disclosed rounds.
Funded Startups Like Rad Propulsion in Manufacturing and Lee-on-the-solent
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Rad Propulsion Funding FAQs
What does Rad Propulsion do?
Rad Propulsion is a manufacturer and distributor of a wide range of electric marine propulsion products, throttles, and tags.
How much funding has Rad Propulsion raised?
Rad Propulsion has raised $6.3M across 2 rounds on record. The most recent is an undisclosed round of $5.0M announced in Jul 2026.
When did Rad Propulsion last raise funding?
Rad Propulsion's most recent funding round on record is an undisclosed round of $5.0M, announced in Jul 2026.
Who has invested in Rad Propulsion?
Investors on record for Rad Propulsion include Mercia Ventures, The FSE Group, Ocean Infinity, Britbots, Vala Capital. FundedIQ records 8 investors in total.
Who founded Rad Propulsion?
FundedIQ lists Daniel Hook (Founder) at Rad Propulsion.
Where is Rad Propulsion headquartered?
Rad Propulsion is based in Lee-on-the-solent, Hampshire, United Kingdom.
How many employees does Rad Propulsion have?
Rad Propulsion is in the 11-50 employee band.
When was Rad Propulsion founded?
Rad Propulsion was founded in 2018.
How does Rad Propulsion's funding compare to other Manufacturing startups?
Rad Propulsion's latest round of $5.0M is in line with the $5.0M median round size for Manufacturing companies on FundedIQ across 1,058 tracked companies over the last two years.
About FundedIQ's Rad Propulsion Funding Data
FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.
Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for Rad Propulsion is left off this page rather than filled in.
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