Aridge

AerospaceSeries AGuangzhou, Chinaaridge.com

Latest round

Series A

Last raised

Jul 2022

Total raised

$78M

Investors

9

About Aridge

, dba Aridge, formerly Xpeng Aeroht, is a high-tech aviation company that focuses on developing safe smart electric flying car, aimed to urban air mobility (UAM)., Ltd. The company was recognized as a High-tech enterprise. Aridge has developed products such as Traveller T1, Traveller X1, Traveller X2 and Land-Air-Integrated Flying Car. The company has signed contracts with nearly 60 flight camps, including general aviation airports, scenic spots, urban suburbs and other types. The company's split flying car consists of a land body and a flying body. The flying body is a manned pure electric vertical take-off and landing aircraft that uses a distributed electric propulsion system, while the land body is a cockpit-only vehicle equipped with an extended-range electric drive system. The company generates revenue by developing and providing smart electric flying car products that can be used in urban air traffic, tourism, emergency rescue, police patrol and other fields. In the future, the company will continue to accelerate the scale-up of its electric vertical takeoff and landing (eVTOL) vehicles for commercial production, prepare for an IPO, and expand operations globally.

Who invested in Aridge

9 investors across 2 rounds

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Sign up free to see every VC on the cap table, the rounds they joined, and how much each round raised.

Funding rounds

  1. Series A

    Jul 1, 2022

    Amount

    Undisclosed

    Investors

    Locked

  2. Series A

    Oct 19, 2021

    Amount

    $78M

    Investors

    Locked

Questions about Aridge

Who invested in Aridge?

Aridge has 9 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Aridge raised?

Aridge has raised 2 venture rounds. Sign up free to see how much each round raised and the total.

When did Aridge last raise money?

Aridge's most recent round on record is a Series A, in Jul 2022.

What does Aridge do?

, dba Aridge, formerly Xpeng Aeroht, is a high-tech aviation company that focuses on developing safe smart electric flying car, aimed to urban air mobility (UAM).

Where is Aridge headquartered?

Aridge is headquartered in Guangzhou, China.

Which VCs invest in companies like Aridge?

Among active investors with capital left to deploy, Shanghai State-owned Capital Investment Leading Fund, Hui Hua Fund, Yufu Capital and ICBC Capital Management back aerospace companies at Aridge's stage. Their profiles are linked below.

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