Arc, the Los Angeles-based electric boat startup, has raised $50 million in funding from investors including Eclipse, Andreessen Horowitz, and Menlo Ventures. The company plans to expand beyond its current sport boat offerings into electric commercial and defense vessels. This funding signals growing investor confidence in electric marine transportation across multiple sectors.
Background
Arc is an electric boat manufacturer that initially focused on high-performance recreational watercraft. The marine industry is undergoing an electrification transition similar to the automotive sector, with increasing focus on sustainable transportation solutions.
- Source
- TechCrunch
- Published
- Mar 19, 2026 at 09:00 PM
- Score
- 6.0 / 10