What is ENVGO?

ENVGO is a Canadian marine technology company building AI-native electric hydrofoiling vessels and platform technologies, including the NV1 electric hydrofoiling boat.

What are alternate names for ENVGO?

Alternate names listed are Envgo and ENVGO Inc.

What is ENVGO’s website?

ENVGO’s website is https://www.envgo.com.

What organization type is ENVGO?

ENVGO is a private company.

In which industry and sector does ENVGO operate?

ENVGO operates in the Maritime Transportation industry and the Clean technology / Maritime Transportation sector.

Where is ENVGO located or localized in company materials?

ENVGO’s site and legal materials reference Waterloo, Ontario, Canada and indicate English as the prevailing language.

What is ENVGO’s business model?

ENVGO’s business model includes product design and manufacture (NV1 Founders Edition) alongside a license‑ready integration/OEM partnership model for boat builders.

Who are the key people named for ENVGO and their roles?

Named key people are Mike Peasgood (CEO), Mike Tribou (CTO), April Blaylock (System Architect), Paul Masojc (COO), Pete Keller (VP Sales & BD), and Jerry Mailloux (VP Engineering).

Which accelerator, incubator, or program partnerships has ENVGO participated in?

ENVGO has participated in MaRS Discovery District’s founder community, was selected into the final phase of the AC:Studio program (one of 25 companies) and received a $100,000 grant through AC:Studio, and received funding through Sustainable Development Technology Canada (SDTC) Seed Funding.

What SDTC funding did ENVGO receive according to the provided materials?

The research materials state ENVGO received a grant from Sustainable Development Technology Canada (SDTC) via its Seed Funding stream; the materials note typical SDTC seed award ranges of $50,000–$100,000.

What seed funding has ENVGO announced?

ENVGO announced the first close of a $2M USD seed round led by Two Small Fish Ventures with follow‑on from Garage Capital in a company press release; third‑party press summaries also reported amounts in Canadian dollars (for example reporting C$2.7M).

What recognition or awards has ENVGO or the NV1 received?

The NV1 is listed as a winner of the Gustave Trouvé International Electric Boat Awards (“The Gussies”) in the provided recognition materials.

Which competitors are listed in the provided research materials?

Competitors named in the materials include Candela, Navier, Artemis Technologies, Vessev, and X Shore.

What evidence is provided about ENVGO’s commercialization and development support?

The materials cite public and private funding (seed round and grants), accelerator/incubator participation (MaRS, AC:Studio), and partnerships with design and engineering firms as evidence supporting product development and commercialization.

Which external press outlets and articles are cited about ENVGO?

Cited external outlets covering ENVGO include Electrek, EVMagz, CityNews / Seekr, FoundersToday, OffshoreSource, Electrive, Futurride, and MarineBusiness as listed in the research materials.