Vessev hopes its electric hydrofoil ferry will change the way people and cities think about boats.

Moving millions of tons of coal, sugar, and other bulk cargo is serious business, and decarbonizing that business presents a number of unique challenges – especially when loading and unloading. That’s what makes the new MV Yampu so interesting: it’s th…
The Los Angeles startup raised $50 million from Eclipse, a16z, Menlo Ventures, and others as it seeks to expand beyond sport boats.