Tech Company Financing Transactions
Ampaire Funding Round
Ampaire secured a $19 million Series B funding round on 8/19/2026. Backers included DiamondStream Partners, Alaska Airlines and Autodesk Foundation.
Transaction Overview
Company Name
Announced On
8/19/2026
Transaction Type
Venture Equity
Amount
$19,000,000
Round
Series B
Investors
Proceeds Purpose
These funds will be deployed to accelerate the commercial readiness of Ampaire's hybrid-electric AMP-H570 propulsion system, which is being retrofitted into Cessna Grand Caravan aircraft in order to halve fuel consumption (Ampaire calls the resulting hybrid aircraft "Eco Caravan").
Company Information
Company Status
Private & Independent
Industry
Manufacturing
Mailing Address
4301 E Donald Douglas Dr
Long Beach, CA 90808
USA
Long Beach, CA 90808
USA
Phone
Website
Email Address
Overview
Ampaire is hybrid-electric; flying today and scalable for tomorrow. Electric power promises a cleaner, more affordable future for air transportation. Ampaire has developed and is flying our AmpDrive system in multiple hybrid-electric aircraft. We're the leader in hybrid-electric with over 30,000 miles flown across our fleet, and with a 100% safety record. We will be the first to reach mass market with hybrid-electric technology, leading the industry to a sustainable future.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Kevin Noertker
Chief Technical Officer
Ed Lovelace
Co-Founder
Cory Combs
VP - Client Services
Susan Ying
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We do our best to report on all VC transactions involving tech companies. All VC database entries reported here are derived from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.
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