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Electric boat startup Arc has raised $30 million in a Series A funding round led by former Tesla VP Greg Reichow, who is now a partner at Eclipse Ventures. The money will help Arc move even faster toward its goal of making and shipping a 24-foot, $300,000 electric boat with 475 horsepower.
Arc'teryx's New York flagship may be its most important American store. It contains an in-store service center and ReBird gear selection.
The new startup Arc launched 10 months ago.
Arc, a startup that launched 10 months ago with ambitions to electrify everything on the water, starting with a limited-edition $300,000 boat, has captured the attention and capital of some of the entertainment industry’s biggest stars. The startup, which closed a seed round in February led by VC firm Andreessen Horowitz, has brought on several […]
Backed by Andreessen Horowitz, Arc Boat has raised US$4.25 million in seed funding Prices will have to come down further before boats sold by Arc and its peers become more than niche products for wealthy buyers