Vertaxi

AerospaceSeries AShanghai, Chinavertaxi.com

Latest round

Series A

Last raised

Dec 2022

Total raised

Undisclosed

Investors

4

About Vertaxi

, trading as Vertaxi, operates as an electric vertical takeoff and landing vehicle supplier that focuses on vertical takeoff and landing fixed-wing aircraft R&D. It has a subsidiary named Fukun Airlines. The CEO and founder, Ling Xie, graduated from the Beijing University of Aeronautics and Astronautics and has 7 years of experience in COMAC. The company has R&D, flight test and other bases in Shanghai and the Guangdong-Hong Kong-Macao Greater Bay Area. Based on flight control and inertial navigation algorithm, and multi-physical simulation technologies, the company provides vertical takeoff and landing fixed-wing aircraft, and three-dimensional traffic air travel solutions. Their industrial drone brand Fokun can be used to validate key algorithms and software toolchains, accumulate flight data, and test core avionics, and it has been sold to the Middle East and used in security patrol, emergency rescue, geographic mapping, and material delivery. The company’s revenue is generated by providing electric vertical take-off and landing aircraft. It will also accelerate the deployment and commercialization of the M1 in application scenarios such as emergency rescue, logistics transportation, infrastructure inspection, and low-altitude urban mobility.

Who invested in Vertaxi

4 investors across 3 rounds

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Funding rounds

  1. Series A

    Dec 1, 2022

    Amount

    Undisclosed

    Investors

    Locked

  2. Series A

    May 6, 2022

    Amount

    Undisclosed

    Investors

    Locked

  3. Angel

    May 20, 2021

    Amount

    Undisclosed

    Investors

    Locked

Questions about Vertaxi

Who invested in Vertaxi?

Vertaxi has 4 investors on record across 3 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Vertaxi raised?

Vertaxi has raised 3 venture rounds. Sign up free to see how much each round raised and the total.

When did Vertaxi last raise money?

Vertaxi's most recent round on record is a Series A, in Dec 2022.

What does Vertaxi do?

, trading as Vertaxi, operates as an electric vertical takeoff and landing vehicle supplier that focuses on vertical takeoff and landing fixed-wing aircraft R&D.

Where is Vertaxi headquartered?

Vertaxi is headquartered in Shanghai, China.

Which VCs invest in companies like Vertaxi?

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 Vertaxi's stage. Their profiles are linked below.

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