Autonomous Flight raises £5M Series A for eVTOL development
Autonomous Flight raised £5 million, reported at about $7 million, in a Series A financing announced on 26 April 2021.
Why it matters
Autonomous Flight raised a reported $7 million Series A in April 2021 as it continued development of its Y6S family of electric vertical-take-off-and-landing aircraft.
Evidence notes
- The Series A provided £5 million, reported at about $7 million.
- The financing supported development of the Y6S family of battery-electric vertical-take-off-and-landing aircraft.
- The round followed the company's full-scale prototype work and preceded its Y6S Plus order-book campaign.
Company context
Autonomous Flight develops electric vertical-take-off-and-landing aircraft for advanced air mobility. Its work centres on distributed electric propulsion, aircraft controls and vehicle concepts for short urban and regional journeys.