Tech Company Financing Transactions
Overair Funding Round
On 6/14/2022, Overair raised $145 million in funding from Hanwha Investment.
Transaction Overview
Company Name
Announced On
6/14/2022
Transaction Type
Venture Equity
Amount
$145,000,000
Round
Undisclosed
Investors
Proceeds Purpose
With the fresh capital, Overair will also begin building out its commercialization team and go-to-market strategy.
Company Information
Company Status
Private & Independent
Industry
Transportation
Mailing Address
3001 S Susan St.
Santa Ana, CA 92704
USA
Santa Ana, CA 92704
USA
Phone
Undisclosed
Website
Email Address
Not Recorded
Overview
Overair designs, develops, and manufactures electric vertical takeoff and landing (eVTOL) aircraft for air taxi and aerial mobility operations. Founded in 2019 as a spinoff of Karem Aircraft, Overair brings Optimum Speed Rotor Technology (OSTR) to eVTOL aircraft.
Management Team
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