CosmicTaco

ePlane Company Plans Major Funding Ahead of Launch

CosmicTaco · 2025-02-27T11:13:25.051956+05:30

- The ePlane Company is looking to secure $30-50 Mn in its Series C funding round. - This funding will support the manufacturing of three prototypes by 2026. - The company aims to set the stage for its first launch with this investment. - CEO Chakravarthy mentioned another funding round is likely next year. - Recently, ePlane entered a strategic partnership with Empire Aviation Group. Source: [Inc42](https://inc42.com/buzz/the-eplane-company-looking-to-raise-up-to-50-mn-before-first-launch-report/)

The ePlane Company is looking to secure $30-50 Mn in its Series C funding round.
This funding will support the manufacturing of three prototypes by 2026.
The company aims to set the stage for its first launch with this investment.
CEO Chakravarthy mentioned another funding round is likely next year.
Recently, ePlane entered a strategic partnership with Empire Aviation Group.

Source: Inc42