Erebor Bank

“Regent Craft raised ~$120M equity + ~$120M debt from Palmer Luckey's Erebor Bank.”

“It also secured around $120m in debt from Palmer Luckey's Erebor Bank.”

“Palmer Luckey's Erebor Bank providing $120M in debt to Regent Craft... it may be a signal that Luckey is building Erebor as a strategic lender to dual-use and defense-adjacent hardware companies.”

“Its deposits have nearly quadrupled over the past three months, just five months after it received its bank charter.”

“A one-year-old digital bank launched by Anduril founder Palmer Luckey and backed by Peter Thiel.”