X Shore

€5Million Investment led by Peter Dahlberg

March 12 2020

Investment led by Peter Dahlberg - entrepreneur and former Group CEO of AniCura - will turbocharge company growth

X Shore is proud to announce a capital injection of €5M, led by Peter Dahlberg, founder and former Group CEO of AniCura.

The funding will be used to continue the development of X Shore’s high-speed electric 5.8-metre and 8-metre boats, and to ramp-up the team and new facilities in Stockholm. “A strong order book and growing demand for our boats makes this the right time for us to take additional investment”, says Founder and President, Konrad Bergström. Peter Dahlberg’s investment makes him the second largest shareholder in X Shore (after Konrad Bergström).

Lead investor, Peter Dahlberg, comments: “I’ve followed Konrad and his career from the sidelines for many years, and he is clearly an outstanding innovator and visionary with a strong track record of success. Konrad has convinced me that X Shore can and will deliver on a global scale and I am very excited to contribute to the next stage of X Shore’s development and growth.”

“We need to take action now to save our planet, and transportation in all its forms offer significant opportunities for improvement. With such talented and experienced individuals now joining Konrad at the helm, I am convinced that X Shore is equipped to fulfil its mission and be a huge wave for change.”