# Gravity Industries

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/gravity-industries

- Industry: Consumer Products
- Headquarters: Salisbury, UK
- Website: www.gravity.co
- Total disclosed funding: $0.7M
- Latest round: Seed (Jul 27, 2017)
- Investors on record: 2

## About

Gravity Industries specializes in innovative Jet Suit technology, providing immersive flight experiences and comprehensive training programs that empower individuals to experience the thrill of personal flight.Founded in 2017 in Salisbury, UK, Gravity Industries designs and produces advanced Jet Suit technology. The founder, Richard Browning, is known for his expertise in engineering and innovation. The company has raised GBP 0.50 mn in Seed funding, valuing it at GBP 5.84 mn post-money, with investments from Boost VC and Draper Associates. Gravity has participated in one deal as of July 27, 2017.Gravity Industries specializes in the design and production of Jet Suit technology, allowing users to experience flight uniquely. The company offers immersive Flight Experiences and comprehensive Flight Training programs, enabling participants to become certified Jet Suit pilots. These services cater to adventure seekers, technology enthusiasts, and professionals pursuing advanced training. Operations are primarily in the UK and the USA, with immersive flight experiences available in locations like Somerset and California, and they have engaged in over 100 high-profile events across 33 countries.Gravity Industries generates revenue through direct-to-consumer transactions for flight experiences and training programs. Customers can participate in group flight experiences or enroll in individual training to foster a community of Jet Suit pilots. Pricing structures are tailored for various packages, enhancing user engagement with their innovative flight technology.Gravity Industries plans to utilize recent funding of GBP 499 thousand raised in July 2017 to enhance its product offerings and expand into new markets. The company aims to introduce new Jet Suit models with enhanced capabilities by 2025. They are targeting growth in North America and Asia by establishing partnerships and hosting more events to engage potential customers. This funding will support their expansion efforts and product development initiatives.

## Funding rounds

- Seed, Jul 27, 2017, $0.7M — Boost VC, Draper

## Investors

- Boost VC (https://capitalatlas.ai/funds/boost-vc) — Seed
- Draper (https://capitalatlas.ai/funds/draper) — Seed
