https://techcrunch.com/2022/02/07/navier-seed-raise/

Look, I’ll admit that I had to Google how much a boat costs, but any time someone pitches a story saying they are trying to “democratize” a recreational activity with a product that starts at $300K, I’ve got to admit I’m wondering how much it costs to get a guillotine blade sharpened. My Robespierian misgivings aside, I’ve got to give it to the team — Navier’s next-gen boats are looking pretty slick. Hydrofoils mean that the vessels zip across the top of the water, and beefy battery packs and electric motors mean that the crafts have some of the longest ranges of any electric craft available — the company reports 75 nautical miles of range, which is about 690 furlongs, or 86 miles, or 139 km, or thereabouts.

The company announced it just closed a $7.2 million seed raise, co-led by Global Founders Capital and Treble, a new fund run by Daniel Gulati, the former MD of Comcast Ventures. Participants in the funding round include Next View Ventures, Liquid2 Ventures, Soma Capital, Precursor Ventures, as well as some angels.