Arc Boat Company has raised 50M USD in Series C funding to expand from consumer electric boats into commercial and defense vessels. The Los Angeles startup plans to electrify tugboats and sell propulsion systems to defence contractors, following a Tesla-like strategy of proving technology in consumer markets first. https://techcrunch.com/2026/03/19/arc-expands-into-electric-commercial-and-defense-boats-with-50m-raise/ #Tech #Startup #News #DefenseTech #Arc