Tech Company Financing Transactions
Cosmic Aerospace Funding Round
Cosmic Aerospace, based in Centennial, received $4.5 million from Pale Blue Dot Ventures, Aera VC and Course Corrected VC.
Transaction Overview
Company Name
Announced On
2/6/2024
Transaction Type
Venture Equity
Amount
$4,500,000
Round
Seed
Investors
Proceeds Purpose
Proceeds purposes were not disclosed.
Company Information
Company Status
Private & Independent
Industry
Transportation
Mailing Address
Undisclosed
Centennial, CO Undisclosed
USA
Centennial, CO Undisclosed
USA
Phone
Undisclosed
Website
Email Address
Overview
Cosmic's mission is to accelerate the decarbonization of aviation by building highly energy efficient all-electric passenger aircraft. We are developing the world's first electric aircraft with a usable flight range of up to 1000 km, enabling a coverage of 50% of global flights by range. We are achieving this through a novel clean sheet aircraft design that tightly integrates the design of the propulsion system, aircraft structures and aerodynamics to unlock an aircraft configuration with an unprecedented aerodynamic efficiency and lightweight structure.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Christopher Chahine
Browse more venture capital transactions:
Prev: 2/6/2024: Omega venture capital transaction
Next: 2/6/2024: Ambience Healthcare venture capital transaction
Share this article
Where The Data Comes From
We do our best to document every notable VC transaction. All VC database entries reported here are sourced from publicly available VC deal announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs