Elroy Air (Series A+)

Funding Details
Awarder
Gaingels
Date Award
May 24, 2024
Vertical
Space
Funding URL
View Funding Page
Valuation
$225,000,000

Company Info
Founders
David Merrill
Company Description
An aerospace company with a vertical takeoff and landing plane designed for cargo, using a hybrid electric/jet fuel powertrain. Elroy Air is a logistics company that specializes in the fields of logistics, robotics, and air transportation.
Market
Transportation
Coinvestors
SnowPoint Ventures,Precursor Capital,Shield Capital,Lockheed Martin

Links
Back to Home Back to Space Deals View Funding Announcement