XTI Aircraft
About this raise: XTI Aircraft is raising funds on StartEngine via Equity with a $51.5 million valuation cap. The team at XTI Aircraft has created a hybrid electric vertical takeoff and landing aircraft called the TriFan 600. The TriFan 600 is faster and has greater range than traditional aircrafts and seats 6. As of now, the team is still in the conceptual and preliminary design phase of the aircraft and is focusing on financing initiatives. 80 orders have already been placed in presale. Each plane costs from $6-8M. The minimum investment amount for XTI Aircrafts is $450 and the minimum target for the round is $9999.
Investment Overview
Invested : $902,307
Deal Terms
Total Commitments ($USD)
- Platform
- StartEngine
- Start Date
- 12/17/2019
- Close Date
- 04/30/2021
$9,999
$1,070,000
$450
Equity - Common
Series A
RegCF
$1.50
$51,470,577
Company & Team
Company
- Year Founded
- 2009
- Industry
- Transportation, Automotive, Aviation, & Aerospace
- Tech Sector
- Distribution Model
- B2B/B2C
- Margin
- Low
- Capital Intensity
- High
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Funding history
| Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|
| 04/30/2021 | StartEngine | $51,470,577 | $902,307 | Equity - Common | Funded | RegCF |