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INDUSTRY FIRST

Autonomous Flight Company Merlin Labs Raises $105M Series B, Announces Partnership With Usaf

Jul 13, 2022about 3 years ago

Amount Raised

$105 Million

Round Type

series b

BostonSoftwareFinancial Services

Description

Merlin Labs, the leading developer of autonomous flight technology for fixed-wing aircraft, announced today that it has raised a $105 million Series B round from Snowpoint and Baillie Gifford, with major participation by existing investor GV. The round follows Merlin's 2021 $25 million Series A round led by GV and First Round Capital, bringing its total funding to $130 million to date.

Company Information

Company

Merlin Labs

Location

Boston, Massachusetts, United States

About

Merlin is a venture backed aerospace startup building a non-human pilot to enable both reduced crew and uncrewed flight. Backed by some of the world’s leading investors, Merlin is scaling alongside our customers to begin leveraging autonomy today to solve some of aviation’s biggest challenges.

FundzWatch™ Score

82
Medium Activity

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