Electric outboard company awarded via venture capital firm during Series A funding round

The company will offer classic sport models, center consoles, and eventually, a luxury day yacht.

The 25 percent levy on U.S.-built boats exported to the EU has cost American manufacturers $400 million, the groups say.

The first of three phases of expansion is complete at the builder’s Fort Pierce, Fla., campus.

Carroll, who will become the first woman to receive the honor, has long been regarded as a mentor to women in marine manufacturing.