Fundz

Electric Seaglider Startup Regent Takes Flight With $60M In New Funding

PRIVATEOct 06, 2023

Round Type

Funding Round

North KingstownInformation TechnologyMobileConsumer GoodsTransportationFood And Beverage

Description

The promise of electric aviation has been weighed down by the limited range of batteries and the long certification process. Regent co-founder and CEO Billy Thalheimer, who previously worked at Aurora Flight Sciences, has looked to maritime — and more specifically, electric seagliders — for the answer to these two challenges.

Quick answer

Regent Craft raised an undisclosed amount in a Funding Round round, dated October 6, 2023. Regent Craft is based in North Kingstown, Rhode Island, United States.

How much did Regent Craft raise?
Regent Craft raised an undisclosed amount in a Funding Round round on October 6, 2023.
What does Regent Craft do?
REGENT’s mission is to drastically reduce the time and cost of moving people and goods between coastal cities.
Where is Regent Craft based and how big is it?
Regent Craft is based in North Kingstown, Rhode Island, United States. Fundz records about 51 employees.
Who are the decision-makers at Regent Craft?
Fundz holds 1 contact at Regent Craft, including the Executive Officer, Director. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Mobile and Consumer Goods around the same time

Companies in the same sectors as Regent Craft that raised within 45 days of this round, from Fundz verified event records.

  • Pioneer raised $2.9M (Seed) on November 9, 2023.
  • Sow Good raised $2.8M (Seed) on November 20, 2023.
  • Perfect Day, Inc. raised $45M on November 17, 2023.
  • Pricepally raised $1.3M (Seed) on November 17, 2023.
  • LUCKY BEVERAGE CO raised $4M (Seed) on November 17, 2023.
  • AireXpert raised $3M (Seed) on November 16, 2023.

Who to call at Regent Craft, and when

A new round usually means Regent Craft is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Regent Craft raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Regent Craft, from your own LinkedIn network

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Company Information

Company

Regent Craft

Location

111 S BEDFORD ST STE 200

North Kingstown, Rhode Island, United States

About

REGENT’s mission is to drastically reduce the time and cost of moving people and goods between coastal cities. Our vehicle, called a seaglider, is an all-electric, wing-in-ground-effect craft that operates within a wingspan of the water's surface and couples the speed of an airplane with the operating cost of a boat. Built to the same safety standards as all modern aircraft and watercraft, our vehicle will service routes up to 180 miles with existing battery technology and routes up to 500 miles with next-gen batteries, all via existing dock infrastructure. Our world-class team of aerospace and maritime engineers are leveraging maritime vehicle development pathways to bring our zero-emission, high-speed seagliders to market within five years.

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Fundz sees it the moment Regent Craft raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

Related People

1 contact
Verified contactsMichael K., Executive Officer, Director hiddenSee plans and pricing
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Regent Craft raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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