REGENT is a startup with a clear mission as conveyed by its slogan: "Building the future of sustainable maritime mobility." The company aims to revolutionize coastal transportation by significantly reducing the time and cost of travel for both passengers and freight. It achieves this through the development of a unique vehicle, the seaglider, which is an all-electric, wing-in-ground-effect craft that combines the speed of an airplane with the operating cost of a boat.
Operating within a wingspan of the water's surface, the seaglider is designed to adhere to the safety standards of modern aircraft and watercraft. It has the capacity to service routes up to 180 miles using existing battery technology, and up to 500 miles with next-gen batteries, all while utilizing the existing dock infrastructure.
The company's ambitious yet achievable timeline aims to bring its zero-emission, high-speed seagliders to the market within the next five years, thanks to the expertise of its world-class team of aerospace and maritime engineers.
Founded in 2020 and headquartered in the United States, REGENT recently secured a Corporate Round investment at 07 March 2024 from H.I.S., signifying a pivotal moment in its journey towards transforming maritime mobility.
With its innovative approach and promising outlook in the Manufacturing industry, REGENT presents an intriguing opportunity for potential investors looking to support sustainable and efficient transportation solutions.
Funding Stage | Amount | No. Investors | Investors | Date |
---|---|---|---|---|
Venture Round | Unknown | 1 | MOL Switch | 25 Jun 2024 |
Corporate Round | Unknown | 1 | H.I.S. | 07 Mar 2024 |
Series A | $60.00M | 10 | Point72 Ventures, Mark Cuban +2 | 05 Oct 2023 |
Venture Round | Unknown | 2 | 22 Mar 2023 | |
Venture Round | Unknown | 1 | Japan Airlines Innovation Fund | 26 Jan 2023 |