Founded in 2021 in Los Angeles, CA, Arc is developing the next generation of watercraft, starting with electric sport boats. The firm builds electric boats from scratch by blending modern aerospace design and manufacturing techniques with traditional marine craftsmanship.
Date | Amount | Type | Investors | Valuation |
---|---|---|---|---|
09/28/23 | $70,000,000 | Series B |
Abstract Ventures Andreessen Horowitz Eclipse Ventures Lowercarbon Capital Menlo Ventures | undisclosed |