Vertical Enters Into Investment Agreement With Founder and CEO, Stephen Fitzpatrick Committing to Provide up to $50 Million of Funding
Amount Raised
$50 Million
Round Type
Venture
BristolManufacturingSoftwareAerospaceInvestors
Description
Vertical Aerospace (NYSE: EVTL) entered into an investment agreement with its founder, majority shareholder and Chief Executive Officer, Stephen Fitzpatrick, committing to provide up to $50 million of funding to the company in the form of an equity investment.
Quick answer
Vertical Aerospace raised $50 Million in a funding round, dated February 22, 2024. Investors: Stephen Fitzpatrick. Vertical Aerospace is based in Bristol, England, United Kingdom.
- How much did Vertical Aerospace raise?
- Vertical Aerospace raised $50 Million in a funding round on February 22, 2024.
- Who invested in Vertical Aerospace?
- Stephen Fitzpatrick is named as investors in this round.
- What does Vertical Aerospace do?
- Vertical is a British aerospace tech company that's pioneering electric aviation through designing and building the UK's first all-electric, vertical take-off and landing aircraft (eVTOL).
- Where is Vertical Aerospace based and how big is it?
- Vertical Aerospace is based in Bristol, England, United Kingdom. Fundz records about 485 employees.
- Who are the decision-makers at Vertical Aerospace?
- Fundz holds 2 contacts at Vertical Aerospace. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Aerospace and Manufacturing around the same time
Companies in the same sectors as Vertical Aerospace that raised within 45 days of this round, from Fundz verified event records.
- Hadrian raised $11M on February 20, 2024.
- Agility Robotics raised $150M (Series B) on April 4, 2024.
- SiMa.ai raised $70M (Funding Round) on April 4, 2024.
- SKYX Platforms raised $516K (Seed) on March 29, 2024.
- SKYX Platforms raised $650K (Seed) on March 29, 2024.
- SKYX Platforms raised $3.1M (Seed) on March 29, 2024.
Who to call at Vertical Aerospace, and when
A new round usually means Vertical Aerospace is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Vertical Aerospace raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Vertical Aerospace, from your own LinkedIn network
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Related People
Vertical Aerospace 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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