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Skyfly raises €8.91M seed led by HICO for Axe eVTOL

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Skyfly Technologies, a UK developer of electric and hybrid-electric vertical take-off aircraft, closed a €8.91M ($10M) seed round led by HICO Investment Group, with participation from Archangel. The company says the capital will go toward completing FAA Light Sport Aircraft certification for its two-seat Axe under the MOSAIC rules, scaling manufacturing capacity in the US and Europe, and accelerating development of the Longbow.

AI-generated from reports · 2 hours agoUpdate

Latest updatesOct 21 17:48

Skyfly raises €8.91M Seed to bring two-seat Axe eVTOL to market

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Oct 21

17:48
EU-StartupsTop Deals
Skyfly raises €8.91M Seed to bring two-seat Axe eVTOL to market
Skyfly Technologies, a UK developer of electric vertical take-off aircraft, closed a €8.91M ($10M) Seed round led by HICO Investment Group.

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