Electric Speed Boat Maker Expands to Defense With New Funding
March 19, 2026
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4:51Now PlayingElectric Speed Boat Maker Expands to Defense With New Funding
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as posted by the channelElectric boat startup Arc has raised a new $50 million funding round from the likes of Eclipse, Menlo Ventures, a16z, and others as it works to expand from the consumer market into tugboats, ferries, and defense vessels. Arc CEO Mitch Lee joins Caroline Hyde on “Bloomberg Tech.”
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