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Odys Aviation, Formally Craft Aerospace, Secures $12.4M In Seed Funding To Take The Friction Out Of Travel

PRIVATEFeb 10, 2022

Amount Raised

$12.4 Million

Round Type

Seed

Long BeachInformation TechnologyAerospace

Description

Odys Aviation (formally Craft Aerospace), the innovative aircraft startup making hybrid-electric vertical takeoff and landing (VTOL) aircraft for regional mobility, is excited to announce a $12.4M seed funding round. This funding will be instrumental in expanding the company to meet its anticipated goal of making door-to-door regional travel simpler, faster, cheaper, and greener. The round also included strategic investment from Giant Ventures, Soma Capital, 11.2 Capital, Countdown Capital, Uber Elevate co-founder Nikhil Goel and Cruise Automation founder Kyle Vogt.

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Company Information

Company

Odys Aviation

Location

Long Beach, California, United States

About

Odys Aviation designs, develops and manufactures long-range, technologically advanced dual-use VTOL aircraft that solve global challenges across defense, logistics, and passenger travel. The company is pioneering the next generation of VTOL aircraft which use hybrid-electric propulsion systems to deliver the optimal balance between range and payload.

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

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