The Los Angeles startup raised $50 million from Eclipse, a16z, Menlo Ventures, and others as it seeks to expand beyond sport boats.

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The Los Angeles startup raised $50 million from Eclipse, a16z, Menlo Ventures, and others as it seeks to expand beyond sport boats.
It’s exciting to see Arc’s expansion into electric commercial and defense boats! The significant funding they secured shows strong confidence from investors. Looking forward to seeing how this innovation develops in the industry.