Terrafugia
Latest round
- Series C
Last raised
- Dec 2010
Total raised
- $1M
Investors
- 1
About Terrafugia
Terrafugia, Inc.Founded in 2006 in Woburn, US, Terrafugia specializes in creating flying vehicles, notably the Transition., LTD. in November 2017 for an undisclosed amount. The CEO is Chao Jing, who leads the company in advancing its unique transportation solutions.Terrafugia develops innovative flying vehicles, primarily focusing on the Transition model, a roadable aircraft that allows users to drive and fly.Terrafugia's revenue model is based on direct-to-consumer sales and pre-orders for its flying vehicles, particularly the Transition.Terrafugia plans to launch new products and enhance existing models to meet customer demands while targeting expansion into new international markets. The recent acquisition by Zhejiang Geely Holding Group is expected to facilitate this growth. Specific timelines for product launches and market entry have yet to be disclosed, but the company's strategic direction is aimed at increasing accessibility to flying vehicles globally.
Who invested in Terrafugia
1 investor across 1 round
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Funding rounds
Series C
Dec 23, 2010
Amount
$1M
Investors
Questions about Terrafugia
Who invested in Terrafugia?
Terrafugia 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 Terrafugia raised?
Terrafugia has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did Terrafugia last raise money?
Terrafugia's most recent round on record is a Series C, in Dec 2010.
What does Terrafugia do?
Terrafugia is a aerospace company.
Where is Terrafugia headquartered?
Terrafugia is headquartered in Woburn, US.
Which VCs invest in companies like Terrafugia?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back aerospace companies at Terrafugia's stage. Their profiles are linked below.
VCs backing aerospace startups at Series C
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