Tech Company Financing Transactions
Archer Aviation Funding Round
Archer Aviation, operating out of San Jose, received $215 million from ARK Investment Management, Boeing and Stellantis.
Transaction Overview
Company Name
Announced On
8/10/2023
Transaction Type
Venture Equity
Amount
$215,000,000
Round
Undisclosed
Proceeds Purpose
Archer today issued a shareholder letter providing additional details on these updates along with its second quarter operating and financial results and third quarter 2023 estimates.
Company Information
Company Status
Private & Independent
Industry
Manufacturing
Mailing Address
190 West Tasman Dr
San Jose, CA 95134
USA
San Jose, CA 95134
USA
Phone
Undisclosed
Website
Email Address
Overview
Archer Aviation Inc advances the benefits of sustainable air mobility. It is creating the electric airline that moves people throughout cities in a quick, safe, sustainable, and cost-effective manner. It is designing, manufacturing, and operating a fully electric vertical takeoff and landing aircraft that can carry four passengers for around 60 miles at speeds of up to 150 mph while producing minimal noise.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Adam Goldstein
Chief Financial Officer
Mark Mesler
Chief Operating Officer
Tom Muniz
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About Our Venture Capital Transactions Database
We report on funding rounds that are announced publicly. VC investment data records on this site come from company press releases and news coverage. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.
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