MightyFly closes $10M financing and reports $15M raised to date
MightyFly closed a $10 million financing from existing and new backers and said the transaction brought its total funding to $15 million.
Evidence notes
- Draper Associates, At One Ventures and 500 Global were among the investors named in the completed financing.
- The $10 million is the current round amount; the separately stated $15 million is cumulative funding to date.
- MightyFly said it had built three full-scale aircraft and completed more than 400 autonomous flights by the announcement.
Company context
Developer of autonomous hybrid-electric cargo aircraft and automated freight-handling systems for middle-mile logistics.