Latest round

Series B

Last raised

Sep 2024

Total raised

$86M

Investors

15

About Pyka

Pyka, Inc.Founded in 2017 in Alameda, US, Pyka, Inc. is dedicated to developing advanced electric aircraft, specifically designed for cargo and agricultural use. The company's founders include Chuma Ogunwole, Kyle Moore, Leigh Davies, Michael Norcia, and Nathan White. Michael Norcia currently serves as CEO.Pyka Inc. specializes in advanced aviation technology, primarily focusing on developing electric aircraft designed for cargo transport and agricultural applications. Their flagship products encompass fully autonomous electric aircraft capable of efficient, environmentally friendly operations. These aircraft are engineered to address specific logistical challenges in the transportation of goods, particularly in remote or underserved regions where traditional transport methods may be inefficient or impractical. The company's technology is geared towards sectors such as agriculture, where crop monitoring, spraying, and delivery are essential.The revenue structure of Pyka Inc. is based on direct sales and partnerships with clients in various industries, particularly in the agricultural and logistics sectors. Transactions primarily occur through B2B channels, where companies procure aircraft for their operations. Each client relationship involves tailored agreements that outline specific service and product needs, which can include maintenance and support services alongside the initial purchase. Pricing for these aircraft and associated services is determined based on contract negotiations considering factors such as operational scale and specific customer requirements.Pyka, Inc. is actively pursuing the development of new electric aircraft models designed for enhanced agricultural productivity and logistics efficiency, with anticipated launches in the coming years.265 mn, will be instrumental in supporting these initiatives alongside potential investments in research and infrastructure to bolster their operational capacity.

Who invested in Pyka

15 investors across 4 rounds

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Funding rounds

  1. Series B

    Sep 23, 2024

    Amount

    $35M

    Investors

    Locked

  2. Series A

    Apr 26, 2022

    Amount

    $37M

    Investors

    Locked

  3. Seed

    Oct 23, 2019

    Amount

    $11M

    Investors

    Locked

  4. Seed

    Aug 24, 2017

    Amount

    $3M

    Investors

    Locked

Questions about Pyka

Who invested in Pyka?

Pyka has 15 investors on record across 4 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Pyka raised?

Pyka has raised 4 venture rounds. Sign up free to see how much each round raised and the total.

When did Pyka last raise money?

Pyka's most recent round on record is a Series B, in Sep 2024.

What does Pyka do?

Pyka is a aerospace company.

Where is Pyka headquartered?

Pyka is headquartered in Alameda, US.

Which VCs invest in companies like Pyka?

Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back aerospace companies at Pyka's stage. Their profiles are linked below.

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