REGENT Craft

Boston, United States Founded: 2020 • Age: 6 yrs
Wing-in-ground electric sea gliders are developed for low-altitude water travel.

About REGENT Craft

REGENT Craft is a company based in Boston (United States) founded in 2020 by Michael Klinker and Billy Thalheimer.. REGENT Craft has raised $94.46 million across 10 funding rounds from investors including Lockheed Martin, Hawaiian Airlines and Japan Airlines. REGENT Craft offers products and services including Seaglider. REGENT Craft operates in a competitive market with competitors including Anduril, Saronic, Kraken Robotics, Sagar Defence Engineering and Saildrone, among others.

  • Headquarter Boston, United States
  • Founders Michael Klinker, Billy Thalheimer
  • Sectors
    Transportation, Automotive & Logistics
    Aerospace, Defense & Maritime
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Regent Craft Inc
Operational Areas
Transportation, Automotive & Logistics → Automotive Technology & Mobility Solutions
Aerospace, Defense & Maritime → Aerospace Manufacturing & Engineering
Transportation, Automotive & Logistics → Maritime, Ports & Shipping
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $94.46 M (USD)

    in 10 rounds

  • Latest Funding Round
  • Investors
  • Employee Count
    Employee Count
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Products & Services of REGENT Craft

REGENT Craft offers a comprehensive portfolio of products and services, including Seaglider. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Vessel for fast, zero-emission coastal transportation using aircraft and boat features.

People of REGENT Craft
Headcount 50-200
Employee Profiles 31
Board Members and Advisors 4
Employee Profiles
People
Mike Klinker
CTO
People
Billy Thalheimer
CEO
People
Daniel Holmes
Head Of International Certification & Risk
People
Sundara Subramanian Nagappan
Software Engineer, Sensor Fusion & Autonomy

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Board Members and Advisors
people
Alan Klanac
Advisor
people
Mark Bishop
Advisor
people
Edward Alsford
Advisor
people
Eric Del Balso
Advisor

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Funding Insights of REGENT Craft

REGENT Craft has successfully raised a total of $94.46M across 10 strategic funding rounds. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding
  • Total Rounds 10
  • Last Round
  • First Round

    (01 Jun 2021)

  • Investors Count 20
Date Amount Transaction Name Valuation Lead Investors Investors
Jun, 2024 Amount Series A - REGENT Craft Valuation MOL Switch
Mar, 2024 Amount Series A - REGENT Craft Valuation

investors

HIS
Jul, 2023 Amount Series A - REGENT Craft Valuation 8090 Industries , Founders Fund
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in REGENT Craft

REGENT Craft has secured backing from 20 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Lockheed Martin, Hawaiian Airlines and Japan Airlines. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Institutional
Angel
Investor Description Founded Year Domain Location
A corporate venture capital firm focused on decarbonization technologies.
Founded Year Domain Location
Industrial breakthroughs are supported through venture capital investments.
Founded Year Domain Location
Venture capital investments in technology and defense sectors.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by REGENT Craft

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - REGENT Craft

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Regent Craft Comparisons

Employees
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Competitors of REGENT Craft

REGENT Craft operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Anduril, Saronic, Kraken Robotics, Sagar Defence Engineering and Saildrone, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Provider of AI-based drone surveillance solutions for defense and maritime sector
domain founded_year HQ Location
Autonomous surface vessels are developed for naval and maritime applications.
domain founded_year HQ Location
Unmanned maritime vehicles and subsea sensors are provided.
domain founded_year HQ Location
Manufacturer of a quadcopter drone for multiple civilian and military applications
domain founded_year HQ Location
Developer of autonomous unmanned surface vehicle
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Regent Craft

Frequently Asked Questions about REGENT Craft

When was REGENT Craft founded?

REGENT Craft was founded in 2020 and raised its 1st funding round 1 year after it was founded.

Where is REGENT Craft located?

REGENT Craft is headquartered in Boston, United States. It is registered at Boston, Massachusetts, United States.

Who is the current CEO of REGENT Craft?

Billy Thalheimer is the current CEO of REGENT Craft. They have also founded this company.

Is REGENT Craft a funded company?

REGENT Craft is a funded company, having raised a total of $94.46M across 10 funding rounds to date. The company's 1st funding round was a Series A of $60.55M, raised on Jun 01, 2021.

What does REGENT Craft do?

REGENT Craft was founded in 2020 in Boston, United States, where wing-in-ground technology-based electric sea gliders are developed for the maritime sector. Passenger vehicles combining aircraft and hydrofoil features are designed to operate at low altitudes above water surfaces. Electric propulsion systems are incorporated to support long-distance travel. Operations center on advancing sustainable transportation solutions in coastal and regional routes.

Who are the top competitors of REGENT Craft?

REGENT Craft's top competitors include Anduril, Saronic and Sagar Defence Engineering.

What products or services does REGENT Craft offer?

REGENT Craft offers Seaglider.

Who are REGENT Craft's investors?

REGENT Craft has 20 investors. Key investors include Lockheed Martin, Hawaiian Airlines, Japan Airlines, Mesa Airlines, and NEOM.

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