Airspace Experience Technologies (2019)
About this raise
Airspace Experience Technologies, offering private air travel to the masses, is raising funds on SeedInvest. The company has a pre-money valuation of $25 million and is using mass production and state-of-the-art technology for manufacturing vertical take-off and landing aircraft. The aircraft will be useful to carry cargo and passengers five times faster than driving. Airspace Experience Technologies was founded by Jon Rimanelli and Anita Sengupta and has already raised $965,000 in its pre-seed round. The current crowdfunding round has a total size of $8,070,000, and the proceeds will be used for aircraft development, marketing, and employee compensation. Airspace Experience Technologies holds strong potential as it is backed by a management team with decades of experience and has already signed an MoU with VerdeGo Aero to supply its parts like motors and batteries.
Investment Overview
$902,928 - Total
Deal Terms
Company & Team
Company
- Year Founded
- 2017
- Industry
- Transportation, Automotive, Aviation, & Aerospace
- Tech Sector
- Distribution Model
- B2B
- Margin
- Capital Intensity
- Location
- Detroit, Michigan
- Company Website
-
Visit Website
Team
- Employees
- 6
Financials
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Company Funding & Growth
Funding history
Growth Charts
Revenue History
Note: Revenue data points reflect the latest of either the most recent fiscal year's financials, or updated revenues directly from the founder, at each raise's close date.
Valuation History
Price per Share History
Note: Share prices shown in earlier rounds may not be indicative of any stock splits.