Imagine a Tesla for watercraft. Jonathan Lord and cofounders Ben Sorkin and Daylin Frantin started building electric boating company Flux Marine in 2018 after years of research at Princeton University. Seven years later, the pair have raised more than $30 million in funding to develop EVs for the sea. “Since age 14, I spent many days out on the water. I had the opportunity to see a beautiful environment—except for the noise and the smell of these gas engines,” Lord says. Flux Marine operates out of Bristol, Rhode Island, and builds high-performance electric outboard motors (up to 150 horsepower) and battery systems for small boats. Flux largely works with existing manufacturers to power new builds—boats with Flux engines cost around $120,000. But it also offers some “repowers,” in which they’ll swap out old engines to make existing boats more climate-friendly. “The electric revolution is happening,” Lord says. “We’re really just at the beginning.”br br Read the full story on Forbes: br br Subscribe to FORBES: br Fuel your success with Forbes. Gain unlimited access to premium journalism, including breaking news, groundbreaking in-depth reported stories, daily digests and more. Plus, members get a front-row seat at members-only events with leading thinkers and doers, access to premium video that can help you get ahead, an ad-light experience, early access to select products including NFT drops and more:br br br Stay Connectedbr Forbes newsletters: Forbes on Facebook: Forbes Video on Twitter: Forbes Video on Instagram: More From Forbes: br Forbes covers the intersection of entrepreneurship, wealth, technology, business and lifestyle with a focus on people and success.