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Arc is making a splash with investors as it wraps up deliveries of its limited edition $300,000 electric boat and eyes its next target: watersports. The Los Angeles-based electric boat startup, which designed, built and has now delivered a limited edition run of the Arc One, recently raised $70 million in a Series B round from a bevy of returning investors, including Eclipse, Andreessen Horowitz, Lowercarbon Capital and Abstract Ventures. New investor Menlo Ventures — specifically long-time partner and self-proclaimed boating enthusiast Shawn Carolan — also joined in.

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KIRKLAND, Wash. — Lake Washington in August may be known for its gas-fueled, ear-splitting thunderboats, but this week it also played host to an electric-powered lightning boat that was much easier on the ears. “One thing you’ll note is that we’re able to have a conversation,” pilot Miriam Morris said as she revved up the Arc One electric boat past 40 mph. “This would not be possible on a fast boat.” Arc brought the 24-foot luxury cruiser up to Kirkland’s Carillon Point dock to give potential bu

By now, you’re probably unimpressed each time you hear about another “Tesla of boats,” but hopefully you haven’t lost your enthus...

Equipped with an electric powertrain, the quiet Arc One lets nature dictate the soundtrack on the lake. In the automotive world, electric powertrains are