Lupfe
Latest round
- Seed
Last raised
- Apr 2019
Total raised
- $0.1M
Investors
- 1
About Lupfe
Lupfe Ltd.Founded in Budapest, Hungary, Lupfe Ltd. specializes in electric-hybrid propulsion systems for eVTOL cargo drones.Lupfe specializes in electric-hybrid propulsion systems (EHPS) designed specifically for electric vertical take-off and landing (eVTOL) cargo drones, with a maximum take-off weight of up to 750 kg. The company's core product offerings enhance the flexibility and efficiency of cargo transportation while addressing the need for environmentally friendly solutions in logistics. Their high power density hybrid systems are engineered to deliver advantages such as reduced fuel consumption and lower CO2 emissions, alongside extended flight ranges.Lupfe's revenue model is based on business-to-business transactions, primarily through partnerships with logistics companies and drone manufacturers. The company generates revenue through direct sales of its electric-hybrid propulsion systems, structuring pricing based on contract agreements that account for volume and service commitments. The company is focusing on developing new propulsion systems tailored for diverse operational requirements and is targeting expansion into additional markets in North America and Europe by 2025.
Who invested in Lupfe
1 investor across 1 round
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Funding rounds
Seed
Apr 9, 2019
Amount
$0.1M
Investors
Questions about Lupfe
Who invested in Lupfe?
Lupfe has 1 investor on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Lupfe raised?
Lupfe has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did Lupfe last raise money?
Lupfe's most recent round on record is a Seed, in Apr 2019.
What does Lupfe do?
Lupfe is a aerospace company.
Where is Lupfe headquartered?
Lupfe is headquartered in Budapest, Hungary.
Which VCs invest in companies like Lupfe?
Among active investors with capital left to deploy, Index Ventures, Forbion, European Investment Bank and Balderton Capital back aerospace companies at Lupfe's stage. Their profiles are linked below.
VCs backing aerospace startups at Seed
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