Electroflight

Stroud, United Kingdom Founded: 2012 • Age: 14 yrs Acquired By Evolito
Electric aircraft are designed and developed by Electroflight.

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
  • Sectors
    Transportation, Automotive & Logistics
    Aerospace, Defense & Maritime
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Electroflight Ltd
  • Date of Incorporation 07 Jan, 2011
  • Jurisdiction BRISTOL
Operational Areas
Transportation, Automotive & Logistics → Automotive Technology & Mobility Solutions
Aerospace, Defense & Maritime → Aerospace Manufacturing & Engineering
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    18

    as on Jan 31, 2021

  • Acquired by
    Evolito

    (Jul 05, 2022)

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Funding Insights of Electroflight

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

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.

All
Investor Description Founded Year Domain Location
Developer of electric aircraft
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Electroflight

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Electroflight

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Electroflight Comparisons

Employees
+
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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
domain founded_year HQ Location
Hydrogen-powered electric aircraft are developed for aviation applications.
domain founded_year HQ Location
Solar-powered unmanned perpetual flight vehicles are developed for various industries.
domain founded_year HQ Location
Multi-seater commercial electric airplanes are developed by Heart Aerospace.
domain founded_year HQ Location
Hybrid electric aircraft are developed for regional passenger flights.
domain founded_year HQ Location
Electric-hybrid aircraft and powertrains are developed for aviation uses.
domain founded_year HQ Location
Hybrid-electric propulsion systems for aviation are manufactured and developed.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

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.

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