Faradair

Cirencester, United Kingdom Founded: 2014 • Age: 12 yrs Minicorn
Bio-electric hybrid aircraft are developed and manufactured for reduced emissions.

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
  • Sectors
    Transportation, Automotive & Logistics
    Aerospace, 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
Key Metrics
  • Total Equity Funding
    $38K (USD)

    in 2 rounds

  • Latest Funding Round
    $38K (USD), Angel Round

    Oct 2017

  • Employee Count
    1

Products & Services of Faradair

Faradair offers a comprehensive portfolio of products and services, including BEHA Aircraft.

BEHA Aircraft
Hybrid-Electric Aviation

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.

DateAmountTransaction NameValuationLead InvestorsInvestors
Oct 2017$38,000Angel Round$1.4MPeter Hall
Nov 2016Angel Round$956,764Ceil Tilney
–
Valuation history
DateValuationStage
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.

All
Angel
InvestorDescriptionFounded YearDomainLocation

Peter Hall

Angel investor focusing on Indian startups, tech enthusiast
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Lynn Tucknott

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Ceil Tilney

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Investor details for Faradair

The complete investor list, round-by-round participation and investor portfolios require an active premium plan.

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People of Faradair

1 people are tracked at Faradair (1 in leadership); the tracked headcount is 1.

NameRoleGroup
Neil Cloughley
Founder & Managing DirectorLeadership
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Complete people profiles for Faradair

Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.

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Timeline of Faradair

4 dated milestones of Faradair across 3 years, from founding to its latest funding, stage changes and deals.

  1. Founded Faradair is founded.
  2. Funding First funding round.
  3. Funding Latest funding round, Angel Round, of $38K.
  4. 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.

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