This Celebrity-Backed Electric Boat Upstart With SpaceX, Tesla Roots Hauls In $30 Million

this celebrity backed electric boat upstart with spacex tesla roots hauls in 30 million

Sumary of This Celebrity-Backed Electric Boat Upstart With SpaceX, Tesla Roots Hauls In $30 Million:

  • The $300,000 Arc One has a 200kWh battery pack that powers the boat for up to five hours per charge.
  • All its previous investors–including Will Smith’s Dreamers VC, Kevin Durant and Rich Kleiman’s Thirty Five Ventures and Sean “Diddy” Combs’ Combs Enterprises, as well as Andreessen Horowitz, Lowercarbon Capital and Abstract Ventures–joined the latest round.
  • They plan to start delivering the 24-foot boats to customers next spring, equipped with 200-kWh battery packs to power them for up to five hours on the water.
  • ” The Arc One has an aluminum hull and an electric power system that delivers 475 horsepower.
  • The Arc One’s lithium-ion battery pack delivers 475 horsepower and a top speed of 40 miles per hour and the aluminum boat holds up to 10 people.

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