Tech Company Financing Transactions
REGENT Craft Funding Round
AE Ventures, Caffeinated Capital and DCVC invested in a $240 million Series B venture round for REGENT Craft. The round was announced on 8/27/2026.
Transaction Overview
Company Name
Announced On
8/27/2026
Transaction Type
Debt
Venture Equity
Venture Equity
Amount
$240,000,000
Round
Series B
Investors
Proceeds Purpose
The company intends to use the funds to scale manufacturing, execute key certification milestones, expand engineering, advance commercial and defense pipelines, and deliver Seagliders to customers.
Company Information
Company Status
Private & Independent
Industry
Manufacturing
Mailing Address
200 Callahan Rd.
North Kingstown, RI 02852
USA
North Kingstown, RI 02852
USA
Phone
Undisclosed
Website
Email Address
Overview
Our mission is to drastically reduce the cost and headache of regional transportation between coastal cities. Our vehicle, called the Seaglider, is a wing-in-ground-effect craft that flies just above the water's surface and couples the high speed of an airplane with the convenience of a boat, all at the low cost of an all-electric system. Built to the same safety standards of modern aircraft and watercraft, our vehicle will service routes up to 180 miles at 180 mph with existing battery technology, and routes up to 400 miles with next-gen batteries, all via existing dock infrastructure. Backed by the same investors who support SpaceX, Anduril, and Archer Aviation, our team of passionate, forward-thinking builders combines the best of aerospace and maritime expertise to turn zero-emission, high-speed coastal travel into reality.
Management Team
Title
Name
Email & Social
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