Skyfly Technologies secures €8.91 million in Seed funding to develop its two-seat Axe eVTOL and the Longbow for defence. The round was led by HICO Investment Group with participation from Archangel.
PRIVATEOct 21, 2026
Amount Raised
€8.91 Million
Round Type
Seed
ManufacturingAerospace
Investors
ArchangelHICO Investment Group
Description
Skyfly Technologies has successfully closed an €8.91 million ($10 million) Seed round to advance its two-seat Axe eVTOL aircraft. The funding will also support the development of the Longbow for defence purposes. HICO Investment Group spearheaded the investment, joined by Archangel. Founded in 2019, Skyfly focuses on electric and hybrid-electric aircraft for civilian and defence markets.
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Company Information
Company
Skyfly Technologies
About
Skyfly Technologies is a British developer of electric and hybrid-electric vertical take-off aircraft. Founded in 2019, it focuses on developing manned and unmanned aircraft for civilian and defense markets. Its flagship product, the Axe, is a two-seat, fully electric aircraft designed for versatile take-off and landing. The Longbow is a hybrid-electric unmanned derivative aimed at defense and government customers.
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