Part of a capital fundraising for commercialization in 2022 of the Italian electric hydrojet motor for boats. The crowdfunding is 18% over its minimum target after only 24 hours. Now DeepSpeed is ready for the next step in bringing its electric hydrojet motor to market and is conducting a Series A fundraising with a goal of € 7M in total. In preparation, the company has been transitioned to an SpA, which is a type of corporation in Italy similar to an S.A. or public limited company in other countries.
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