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Autoflight Lands $100M (Usd) Investment In Series A Funding From Team Global And Its Founder Lukasz Gadowski

PRIVATENov 22, 2021

Amount Raised

$100 Million

Round Type

Series A

ShanghaiManufacturingTransportationAerospace

Description

AutoFlight, a global electric vertical take-off and landing (eVTOL) startup specializing in developing and manufacturing autonomous aerial vehicles, announces a $100M (USD) Series A investment by European technology-investor Lukasz Gadowski and his company, Team Global. The capital from the financing will be used for international expansion as well as scaling cargo eVTOL production for customers. AutoFlight also announced that Gadowski has been appointed to its board of directors.

Quick answer

AutoFlight raised $100 Million in a Series A round, dated November 22, 2021. AutoFlight is based in Shanghai, Shanghai, China.

How much did AutoFlight raise?
AutoFlight raised $100 Million in a Series A round on November 22, 2021.
What does AutoFlight do?
AutoFlight is a global high-tech startup, born in China, specializing in developing and manufacturing autonomous aerial vehicles.
Where is AutoFlight based and how big is it?
AutoFlight is based in Shanghai, Shanghai, China.
Who are the decision-makers at AutoFlight?
Fundz holds 2 contacts at AutoFlight, including the CEO. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Transportation and Aerospace around the same time

Companies in the same sectors as AutoFlight that raised within 45 days of this round, from Fundz verified event records.

  • Stoke Space raised $65M on December 21, 2021.
  • Stoke Space raised $65M (Series A) on December 15, 2021.
  • ZeroAvia raised $35M (Funding Round) on December 13, 2021.
  • First Breach, Inc. raised $16M (Funding Round) on December 9, 2021.
  • Lightpath raised an undisclosed amount (Funding Round) on December 9, 2021.
  • Ursa Major Technologies raised $85M (Series C) on December 7, 2021.

Who to call at AutoFlight, and when

A new round usually means AutoFlight is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day AutoFlight raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at AutoFlight, from your own LinkedIn network

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Company Information

Company

AutoFlight

Location

Shanghai, Shanghai, China

About

AutoFlight is a global high-tech startup, born in China, specializing in developing and manufacturing autonomous aerial vehicles. AutoFlight's mission is to provide safe and reliable aerial logistic systems and urban air mobility solutions for society. By leveraging new technologies in aviation, new material, artificial intelligence, autonomous driving, and 5G, AutoFlight actively drives development in the eVTOL industry. AutoFlight is headquartered in Shanghai with a passenger flight-control system research center in Europe, an operation and test center in U.S. The company owns a diversified eVTOL product mix, with a focus on large scale logistic aircraft and autonomous passenger aerial vehicles. Jack XuJack.xu@autoflight.com Tian Yu, founder, chairman and CEO of AutoFlight - Lukasz Gadowski - Team Global founder

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2 contacts
Verified contactsYu T., CEO hidden hiddenSee plans and pricing
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Funding Insights

What this usually means
Typical timeline to Series B
Series A companies typically raise their next round in 10-18 months

AutoFlight raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

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