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VC-funded Company:

Arc
Los Angeles, CA

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.

Key Contact
Name
Mitch Lee
Title
Co-Founder
Funding Events

Date
Amount
Type
Investors
Valuation
09/28/23 $70,000,000 Series B Abstract Ventures
Andreessen Horowitz
Eclipse Ventures
Lowercarbon Capital
Menlo Ventures
undisclosed