| Date | Investors | Amount | Round |
|---|---|---|---|
N/A | Early VC | ||
| Total Funding | 000k | ||
iAqua operates in the luxury water toy and marine equipment market, leveraging deep expertise from the automotive industry to produce high-performance personal watercraft. The company's core business revolves around the design, in-house manufacturing, and global distribution of its AquaDart sea scooters and X-Jet electric surfboards. Revenue is generated through direct sales and a worldwide network of dealers who are supplied through regional distribution hubs. This B2B and B2C model targets thrill-seekers, water sports enthusiasts, and luxury yacht owners, and also extends to specialized applications for armed forces and search and rescue operations.
The company was established by a multi-national team of design engineers with a collective 25 years of experience in automotive design and manufacturing, having collaborated with premier brands such as Tesla, Lamborghini, and Bentley. This background informs their 'zero-fail' manufacturing philosophy, which emphasizes reliability and precision. A key aspect of their product design is modularity; the AquaDart range is built with an internal harness system that allows for easy diagnosis and component replacement by users or local crew, removing the need to return the craft to the manufacturer for service.
iAqua's product line stands out for its performance metrics and features. The X-Jet™ Xtreme electric surfboard, for instance, is constructed from carbon fiber and features a 20kW jet drive, offering superior power and speed compared to competitors. Their sea scooters are noted for being lighter and more compact than competing products. The company also produces the Lithium Safety Store™, a specialized container designed to prevent fires from lithium batteries, addressing a significant safety concern for marine vessels and marinas. Sales are supported by flexible payment terms, including credit options for approved customers, and a 24-month manufacturer's warranty.
Keywords: personal watercraft, sea scooter, electric surfboard, marine technology, luxury water toys, AquaDart, X-Jet, water sports equipment, dive scooter, marine safety, high-performance watercraft, underwater jets, yacht accessories, dealer network, marine distribution, recreational diving, watersports manufacturing, modular design, electric propulsion, lithium battery safety