Arctus Aerospace raises $2.6 Mn in pre-seed round

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Arctus Aerospace has raised $2.6 million in a pre-seed round from Version One Ventures, South Park Commons, gradCapital, and a group of angel investors including Balaji Srinivasan, Srinivas Narayan, early Ather engineers, and leaders from Bounce Infinity and Boom Supersonic. 

Arctus was also part of the South Park Commons Founder Fellowship earlier this year.

Arctus Aerospace is building large unmanned aircraft capable of flying at 45,000 feet for up to 24 hours while carrying a 250-kilogram payload. The aircraft is designed to deliver real-time…



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Arctus Aerospace raises $2.6 Mn in pre-seed round


Arctus Aerospace has raised $2.6 million in a pre-seed round from Version One Ventures, South Park Commons, gradCapital, and a group of angel investors including Balaji Srinivasan, Srinivas Narayan, early Ather engineers, and leaders from Bounce Infinity and Boom Supersonic. 

Arctus was also part of the South Park Commons Founder Fellowship earlier this year.

Arctus Aerospace is building large unmanned aircraft capable of flying at 45,000 feet for up to 24 hours while carrying a 250-kilogram payload. The aircraft is designed to deliver real-time…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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