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Electra.aero, Inc. raises $115 million in Series B funding led by Prysm Capital to advance the EL9 Ultra Short aircraft into pre-production and certification.

PRIVATEApr 21, 2025

Amount Raised

$115 Million

Round Type

Series B

Falls ChurchManufacturingTransportationAerospace

Investors

Prysm Capital

Description

Electra.aero, Inc. announced it has secured $115 million in Series B funding to enter the pre-production and certification phase of the EL9, the first-ever Ultra Short aircraft. The round was led by Prysm Capital, with Co-Founder Jay Park joining Electra's Board of Directors. The funding supports growing demand from commercial and defense markets

Quick answer

Electra.aero raised $115 Million in a Series B round, dated April 21, 2025. Investors: Prysm Capital. Electra.aero is based in Falls Church, Virginia, United States.

How much did Electra.aero raise?
Electra.aero raised $115 Million in a Series B round on April 21, 2025.
Who invested in Electra.aero?
Prysm Capital is named as investors in this round.
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.

  • Joby Aviation raised $250M on May 29, 2025.
  • Momentus raised $248K (Pre-Seed) on April 24, 2025.
  • Quantum Space raised an undisclosed amount (Funding Round) on March 11, 2025.
  • Tidal Flight raised $3M (Seed) on May 21, 2025.
  • Flyte Aviation, Inc. raised $1.5M (Private Equity) on May 12, 2025.
  • World View raised an undisclosed amount on May 8, 2025.

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
  • The decision-makers there, with verified emails
  • Who you already know at Electra.aero, from your own LinkedIn network

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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
Timeline to next round
Series B companies typically work for 15-20 months before raising new capital
Growth expectations
Series B companies are expected to scale rapidly and expand market reach

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.