
About Faradair
Faradair is a Transportation, Automotive & Logistics company based in Cirencester (United Kingdom) founded in 2014 by Neil Cloughley. Bio-electric hybrid aircraft are developed and manufactured for reduced emissions. It operates in the Transportation, Automotive & Logistics and Aerospace, Defense & Maritime sectors. Faradair has raised $38 thousand across 2 funding rounds from investors including Peter Hall, Lynn Tucknott and Ceil Tilney. The company has 1 employees. Faradair was last valued at $1.4 million in October 2017. Faradair offers products and services including BEHA Aircraft. Its focus areas include Aerospace, Maritime and Defense Tech, Aerospace Tech, Electric Aircraft and Energy Tech. Its legal entity is FARADAIR AEROSPACE LIMITED.
Company details
Faradair was founded in 2014 in Cirencester, United Kingdom, within the aerospace sector. Six-seater Bio-Electric Hybrid Aircraft (BEHA) are developed and manufactured, incorporating a hybrid propulsion system to lower noise and emissions. The H600 engine, which operates on biojet fuel and features recoverability, is utilized. Partnerships with Swansea University, Avidyne, and Prodrive support product development.
- Headquarters Cirencester, United Kingdom
- Employees 1
- Founders Neil Cloughley
- Stage Minicorn
- SectorsTransportation, Automotive & LogisticsAerospace, Defense & Maritime
- Email••••••••
- Phone•••• ••••
- Website faradair.com
- Social LinkedIn X Facebook
- Legal Name Faradair Aerospace Limited
- Date of Incorporation 19 Sep, 2014
- Jurisdiction CAMBRIDGE, SOUTH CAMBRIDGESHIRE, ENGLAND
- Total Equity Funding$38K (USD)
in 2 rounds
- Latest Funding Round$38K (USD), Angel Round
Oct 2017
- Employee Count1
Products & Services of Faradair
Faradair offers a comprehensive portfolio of products and services, including BEHA Aircraft.
Innovative aircraft for short take-off, low emissions, and regional transport.
Funding Insights of Faradair
Faradair has successfully raised a total of $38K across 2 strategic funding rounds. The most recent funding activity was a Angel Round of $38 thousand completed in October 2017. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $38,000
- Total Rounds 2
- Last Round Angel Round — $38,000
- Investors Count 3
All 2 funding rounds of Faradair with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct 2017 | $38,000 | Angel Round | $1.4M | Peter Hall | |
| Nov 2016 | Angel Round | $956,764 | Ceil Tilney | – |
| Date | Valuation | Stage |
|---|---|---|
| Oct 2017 | $1.4M | •••••••• |
Last known valuation $1.4M (Oct 2017). 3 investors in total: 0 institutional and 3 angel.
Investors in Faradair
Faradair has secured backing from 3 investors, including angel investors. Prominent investors backing the company include Peter Hall, Lynn Tucknott and Ceil Tilney.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
PH Peter Hall | Angel investor focusing on Indian startups, tech enthusiast | unknown_0eb85c0a341c41998 | ||
LT Lynn Tucknott | unknown_3816cc78f2a24652a | |||
CT Ceil Tilney | unknown_c6385aa96d674a5c8 |
Investor details for Faradair
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of Faradair
1 people are tracked at Faradair (1 in leadership); the tracked headcount is 1.
| Name | Role | Group |
|---|---|---|
Neil Cloughley | Founder & Managing Director | Leadership |
Complete people profiles for Faradair
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of Faradair
4 dated milestones of Faradair across 3 years, from founding to its latest funding, stage changes and deals.
- Founded Faradair is founded.
- Funding First funding round.
- Funding Latest funding round, Angel Round, of $38K.
- Milestone Reaches Minicorn status.
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Frequently Asked Questions about Faradair
Faradair was founded in 2014 and raised its 1st funding round 2 years after it was founded.
Faradair is headquartered in Cirencester, United Kingdom.
Faradair is a funded company, having raised a total of $38K across 2 funding rounds to date.
Faradair has 1 employees.
Faradair was founded in 2014 in Cirencester, United Kingdom, within the aerospace sector. Six-seater Bio-Electric Hybrid Aircraft (BEHA) are developed and manufactured, incorporating a hybrid propulsion system to lower noise and emissions. The H600 engine, which operates on biojet fuel and features recoverability, is utilized. Partnerships with Swansea University, Avidyne, and Prodrive support product development.
Faradair offers BEHA Aircraft.
Faradair has 3 investors. Key investors include Peter Hall, Lynn Tucknott, and Ceil Tilney.
The valuation of Faradair is $1.4M as of Oct 2017.
Faradair operates through Faradair Aerospace Limited.
