Tech Company Financing Transactions
Hermeus Funding Round
Hermeus, based in Atlanta, secured $16 million in funding from Canaan Partners, Bling Capital and Khosla Ventures.
Transaction Overview
Company Name
Announced On
10/30/2020
Transaction Type
Venture Equity
Amount
$16,000,000
Round
Series A
Investors
Proceeds Purpose
The new funding will help the startup develop and ground test its first full-scale engine, the core component that will eventually power its debut Mach 5 aircraft.
Company Information
Company Status
Private & Independent
Industry
Transportation
Mailing Address
1954 Airport Rd.
Atlanta, GA 30341
USA
Atlanta, GA 30341
USA
Phone
Website
Email Address
Overview
HERMEUS WAS FOUNDED in 2018 to transform the global human transportation network. USING LESSONS LEARNED from our time at NewSpace companies, we're developing Mach 5 aircraft to connect people faster and bring much needed innovation to commercial flight. THIS MEANS planes flying five times faster than they do today.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
AJ Piplica
Chief Operating Officer
Skyler Shuford
Chief Technical Officer
Glenn Case
VP - Product Management
Michael Smayda
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We do our best to document every notable VC transaction. All VC database entries reported here come from a variety of public sources. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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