Series B · Mobility
REGENT secures $240 million in equity and debt for Seaglider production
The Series B combines $120 million of equity with $120 million of debt from Erebor Bank.
Mare Liberum and AE Ventures co-led the equity financing. DCVC joined alongside existing backers, including Founders Fund, Caffeinated Capital, Lockheed Martin Ventures, Japan Airlines, Giant Step Capital and Strategic Development Fund.
Announced on August 27, the package supports REGENT’s transition toward manufacturing at its completed Rhode Island facility. Its programmes span the piloted Viceroy and autonomous Squire, serving commercial and defence applications.
Use of funds
Scale Seaglider manufacturing
Execute certification milestones
Deliver Seagliders to customers
Funding history
Series B · This round$240M