Tech Company Financing Transactions
PteroDynamics Funding Round
Kairos Ventures, CS Venture Opportunities Fund and Lavrock Ventures joined a $7.5 million Seed funding round for PteroDynamics. The financing round was recorded on 2/28/2023.
Transaction Overview
Company Name
Announced On
2/28/2023
Transaction Type
Venture Equity
Amount
$7,500,000
Round
Seed
Investors
Proceeds Purpose
The company intends to use the funds to develop larger Transwing aircraft variants, adding engineering talent, and execute on additional contracts.
Company Information
Company Status
Private & Independent
Industry
Manufacturing
Mailing Address
4240 North Nevada Avenue 100
Colorado Springs, CO 80907
USA
Colorado Springs, CO 80907
USA
Phone
Website
Email Address
Overview
At PteroDynamics, we believe that advanced air mobility can change the world for the better. Our mission is to improve lives by democratizing transportation using sustainable autonomous vertical takeoff and landing (VTOL) aircraft that reduce humankind's impact on our planet. PteroDynamics is an aircraft design and manufacturing company. We founded PteroDynamics to bring to the world our patented Transwing VTOL aircraft design that folds its wings during flight to transition between rotorcraft and fixed-wing configurations.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Matthew Graczyk
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Our team works diligently to document every notable VC transaction. VC investment data records reported here are sourced from publicly available VC deal announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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