About Electroflight
Electroflight is a company based in Stroud (United Kingdom) founded in 2012 by Roger Targett was acquired by Evolito in July 2022.. The company has 18 employees as of January 31, 2021. Electroflight operates in a competitive market with competitors including Beyond Aero, Skydweller, Heart Aerospace, Zunum Aero and VoltAero, among others.
- Headquarter Stroud, United Kingdom
- Employees 18 as on 31 Jan, 2021
- Founders Roger Targett
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Sectors
Transportation, Automotive & LogisticsAerospace, Defense & Maritime
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Phone
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Website
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Social
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- Legal Name Electroflight Ltd
- Date of Incorporation 07 Jan, 2011
- Jurisdiction BRISTOL
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Funding Insights of Electroflight
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Electroflight
Electroflight has secured backing from 1 investor. Prominent investors backing the company include Evolito. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Developer of electric aircraft
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Electroflight
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Electroflight
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Electroflight Comparisons
Competitors of Electroflight
Electroflight operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Beyond Aero, Skydweller, Heart Aerospace, Zunum Aero and VoltAero, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Hydrogen-powered electric aircraft are developed for aviation applications.
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| domain | founded_year | HQ Location |
Solar-powered unmanned perpetual flight vehicles are developed for various industries.
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| domain | founded_year | HQ Location |
Multi-seater commercial electric airplanes are developed by Heart Aerospace.
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| domain | founded_year | HQ Location |
Hybrid electric aircraft are developed for regional passenger flights.
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| domain | founded_year | HQ Location |
Electric-hybrid aircraft and powertrains are developed for aviation uses.
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| domain | founded_year | HQ Location |
Hybrid-electric propulsion systems for aviation are manufactured and developed.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Electroflight
Frequently Asked Questions about Electroflight
When was Electroflight founded?
Electroflight was founded in 2012.
Where is Electroflight located?
Electroflight is headquartered in Stroud, United Kingdom. It is registered at Stroud, Gloucestershire, United Kingdom.
Who is the current CEO of Electroflight?
Roger Targett is the current CEO of Electroflight. They have also founded this company.
How many employees does Electroflight have?
As of Jan 31, 2021, the latest employee count at Electroflight is 18.
What does Electroflight do?
Electroflight was founded in 2012 and is based in Stroud, United Kingdom. Operations center on the development of electric aircraft within the aerospace sector. A single-seater model, the Electroflight P1e, is being developed with a projected maximum speed exceeding 300 mph, a climb rate of 9000 ftmin, and a take-off weight of 420 kg. The company is led by founder and CEO Roger Targett.
Who are the top competitors of Electroflight?
Electroflight's top competitors include Beyond Aero, Skydweller and Heart Aerospace.
Who are Electroflight's investors?
Electroflight has 1 investor. Key investors include Evolito.