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Lockheed Martin Ventures Leads Series A Funding Round For Electra.Aero

PRIVATEJan 18, 2022

Round Type

Series A

Falls ChurchManufacturingTransportationAerospace

Description

Electra.aero, Inc. ("Electra"), a pioneering developer of hybrid-electric ultra-short takeoff and landing (eSTOL) aircraft, today announced that it has received an investment in its Series A funding round from Lockheed Martin Ventures (LMV), the venture capital arm of Lockheed Martin Corporation (NYSE:LMT). The funding will support Electra's plans to begin flight testing a full-scale hybrid eSTOL technology demonstrator aircraft later this year.

Quick answer

Electra.aero raised an undisclosed amount in a Series A round, dated January 18, 2022. Electra.aero is based in Falls Church, Virginia, United States.

How much did Electra.aero raise?
Electra.aero raised an undisclosed amount in a Series A round on January 18, 2022.
What does Electra.aero do?
Electra is a new aerospace company developing and manufacturing hybrid-electric aircraft to advance urban and regional mobility.
Where is Electra.aero based and how big is it?
Electra.aero is based in Falls Church, Virginia, United States. Fundz records about 28 employees.
Who are the decision-makers at Electra.aero?
Fundz holds 2 contacts at Electra.aero. 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 Electra.aero 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.
  • RideNow Group, Inc. raised an undisclosed amount (Funding Round) on February 7, 2022.
  • Volatus Aerospace raised an undisclosed amount on February 4, 2022.
  • Gogoro raised an undisclosed amount (Post-IPO Equity) on January 18, 2022.
  • Black Sesame Technologies raised an undisclosed amount on January 12, 2022.

Who to call at Electra.aero, and when

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

  • An alert the day Electra.aero raises, hires an executive or expands, scored against what you sell
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Company Information

Company

Electra.aero

Location

Falls Church, Virginia, United States

About

Electra is a new aerospace company developing and manufacturing hybrid-electric aircraft to advance urban and regional mobility. Our mission is to decarbonize aviation with clean, quiet, environmentally friendly airplanes that can operate without conventional runways and we are backed by some of the biggest players in aerospace. Our world-class team of engineers isn’t afraid to disrupt the status quo and we plan to change the world with modern ideas that challenge conventional thinking. Electra is headquartered in Northern Virginia with operations in Cambridge, MA, and Switzerland and growing quickly.

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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

Electra.aero 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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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.