Vertical Aerospace Announces $205 Million In Additional Funding Led By Mudrick Capital
Amount Raised
$205 Million
Round Type
Funding Round
BristolManufacturingSoftwareAerospaceDescription
Vertical Aerospace ("Vertical"), a global aerospace and technology company that is pioneering zero-emissions aviation, announces over $200 million in additional financing to support its path to scale production and certification of the VA-X4 electric vertical take-off and landing (eVTOL) aircraft. Vertical is targeting the highest global certification for its VA-X4, which is expected to achieve the equivalent safety standard of a passenger jet by 2024 (based on the expected standards promulgated by the CAA and EASA).
Quick answer
Vertical Aerospace raised $205 Million in a Funding Round round, dated October 27, 2021. Vertical Aerospace is based in Bristol, England, United Kingdom.
- How much did Vertical Aerospace raise?
- Vertical Aerospace raised $205 Million in a Funding Round round on October 27, 2021.
- 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.
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