Your Source for Venture Capital and Private Equity Financings

Venture Capital News: REGENT Announces New Strategic Investment

2023-01-26
North Kingstown, RI, REGENT today announced a strategic investment from Japan Airlines Innovation Fund.
REGENT, the company pioneering electric seagliders for sustainable maritime transportation, today announced a strategic investment from Japan Airlines Innovation Fund, a strategic fund that is the venture arm of Japan Airlines (JAL), one of the world's premier carriers. This investment in REGENT serves as a first step in the exploration of incorporating seagliders into JAL's global network and highlights its commitment to sustainable transportation. With this investment, REGENT has raised over $45 million to date.

REGENT is pioneering the future of sustainable maritime mobility. REGENT builds seagliders, a new category of electric vehicle that operates exclusively over the water that will drastically reduce the time and cost of moving people and goods between coastal cities. Seagliders will service routes up to 180 miles with existing battery technology and up to 500 miles with next-generation batteries, via existing dock infrastructure.
(c) by Massinvestor, Inc. For contact info, please check out our about page.
>> Click here for in-depth research on 9,000+ startups and 5,000+ VC investors