Fleetzero

Birmingham, AL · Founded 2021 · Privately Held (backing)

Manufacturer of battery-electric cargo ships intended to affordably decarbonize ocean freight. Fleetzero is based in Birmingham, AL and was founded in 2021. It was valued at $50 million at its seed round in Jun 2022, the last priced event on record. It has raised $60.2 million across 1 recorded round; the latest was a $16.5 million early-stage round in Jun 2022.

PMV mark · valuation
$50.0M
Oct 2026
Priced at
its seed round
Jun 2022
Total raised
$60.2M
Last round
Early Stage VC
Jun 2022

Fleetzero key facts

as of Oct 2026
  • Manufacturer of battery-electric cargo ships intended to affordably decarbonize ocean freight.
  • Fleetzero is valued at approximately $50.0M as of Oct 2026, set at its seed round, Jun 2022; nothing has traded since, per PrivateMarketView’s mark.
  • It has raised $60.2M across 1 recorded rounds; the latest was Early Stage VC ($16.5M) in Jun 2022.
  • Notable investors include Y Combinator, Pioneer Fund, Climate Capital, Founders Fund, Breakthrough Energy — 22 tracked in total.
  • Fleetzero has filed 2 Form Ds with the SEC, most recently Jun 2022 ($225K sold to 4 investors).
  • Status: Privately Held (backing).
PrivateMarketView mark
LOW confidence
$50.0M

Valued at $50.0M at its seed round, Jun 2022. Nothing has traded since.

set by its last priced roundas of Oct 2026question about this number?
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Fleetzero funding rounds

1 rounds
Jun 2022Early Stage VC$16.5MSEC filing▮

Fleetzero valuation

Fleetzero was valued at $50 million at its seed round in Jun 2022. That is the last priced event on record: no secondary trade or institutional fund mark has moved the figure since.

How much has Fleetzero raised?

Fleetzero has raised $60.2 million in total; 1 of its rounds is on record. The largest on record was a $16.5 million early-stage round in Jun 2022.

Fleetzero has filed 2 Form Ds with the SEC, most recently in Jun 2022 ($225,000 sold to 4 investors).

Fleetzero investors

22 investors are on record for Fleetzero, including Y Combinator, Pioneer Fund, Climate Capital and Founders Fund. By type, the record holds 4 venture capital firms and 2 private investors. The early-stage round in Jun 2022 drew 44 investors.

About Fleetzero

Manufacturer of battery-electric cargo ships intended to affordably decarbonize ocean freight. The company develops a fleet of zero-emission battery-operated container ships that offer lower costs of operation and higher reliability than fossil-fuel ships, enabling clients to avail of electric marine transportation that facilitates order-of-magnitude reductions in fuel, maintenance, and crew costs.

Sector
Business Products and Services (B2B)
HQ
Birmingham, AL, United States
Founded
2021
Employees
30
Ownership
Privately Held (backing)

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