What is Regent Craft?
Regent Craft is a pioneering developer of all-electric maritime vehicles known as seagliders. By utilizing ground effect technology, these vessels operate exclusively over water, combining the speed of an airplane with the operational efficiency of a boat. This unique category of transportation is designed to provide high-speed, zero-emission regional connectivity, addressing the growing demand for sustainable logistics and passenger transit solutions. The company's market position is bolstered by its ability to disrupt traditional regional transportation models, offering a cleaner, faster, and more cost-effective alternative to existing ferry and short-haul flight services.
How much funding has Regent Craft raised?
Regent Craft has raised a total of $87M across 3 funding rounds:
Angel/Seed
$9M
Unspecified
$18M
Series A
$60M
Angel/Seed (2021): $9M with participation from Mark Cuban, Y Combinator, Founders Fund, Boom, and Caffeinated Capital
Unspecified (2022): $18M led by Mesa Airlines, JAM Fund, and Thiel
Series A (2023): $60M supported by Lockheed Martin, Yamato Holdings, and Founders Fund
Key Investors in Regent Craft
Founders Fund
A venture capital firm that invests in high-impact companies across various sectors, known for supporting transformative technologies and founder-led enterprises.
Lockheed Martin
A global aerospace and defense leader that provides advanced technology systems and mission solutions, bringing deep industrial expertise to the maritime mobility sector.
Caffeinated Capital
A thesis-agnostic investment firm that partners with founders at the inception stage, providing strategic support across fintech, climate, and enterprise technology.
What's next for Regent Craft?
Looking ahead, Regent Craft is poised to leverage its major enterprise-level funding to move toward full-scale commercial deployment. The strategic focus will likely center on regulatory certification, infrastructure development for seaglider docking, and the expansion of its manufacturing footprint. With the support of institutional investors and aerospace partners, the company is well-positioned to integrate its technology into existing regional transit networks, potentially transforming how coastal cities manage passenger and cargo movement in the coming decade.
See full Regent Craft company page