Tech Company Financing Transactions
Electra Aero Funding Round
Electra Aero closed a funding round on 7/26/2023. Investors included Statkraft Ventures.
Transaction Overview
Company Name
Announced On
7/26/2023
Transaction Type
Amount
Unknown
Round
Undisclosed
Investors
Statkraft Ventures (Lead Investor)
Proceeds Purpose
The company intends to use the funds to further develop its hybrid-electric ultra-short takeoff and landing (eSTOL) aircraft.
Company Information
Company Status
Private & Independent
Industry
Manufacturing
Mailing Address
Undisclosed
Falls Church, VA Undisclosed
USA
Falls Church, VA Undisclosed
USA
Phone
Undisclosed
Website
Email Address
Overview
Electra was founded with a mission to decarbonize aviation and bring air transportation to every part of the world. Electra's founder and CEO, Dr. John Langford, a serial aerospace entrepreneur with two prior successful exits, has developed the most ambitious aircraft designs for three decades. Joined by long-time collaborators from Aurora Flight Sciences, MIT, Boeing, Airbus, Pilatus, and Hondajet, Electra's team combines deep expertise in electric flight, sustainable aircraft design, STOL/blown lift technology and aircraft certification and production.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
John Langford
Chief Financial Officer
Diana Siegel
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About Our Venture Capital Transactions Database
We do our best to report on every notable VC transaction. VC investment data records reported here are derived from publicly available VC deal announcements. The information is sourced from VentureDeal.com, an affiliated venture.
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