About Impossible Aerospace
Impossible Aerospace is a company based in Sunnyvale (United States) founded in 2016 by Spencer Gore was acquired by Alpine 4 in December 2020. Impossible Aerospace has raised $9.4 million across 2 funding rounds from investors including Bessemer Venture Partners, Alpine 4 and Eclipse. The company has 25 employees. Impossible Aerospace operates in a competitive market with competitors including Parrot, Fotokite, BRINC Drones, Aerodome and Tetra Drones, among others.
- Headquarter Sunnyvale, United States
- Employees 25
- Founders Spencer Gore
- SectorsAerospace, Defense & Maritime
- Emailβ’β’β’β’β’β’β’β’
- Phoneβ’β’β’β’ β’β’β’β’
- Website impossible.aero
- Acquired by Alpine 4 (Dec 2020)
- Legal Name Impossible Aerospace Corporation
- Total Equity Funding$9.4M (USD)
in 2 rounds
- Latest Funding Round$9.4M (USD), Series A
Sep 2018
- InvestorsBessemer Venture Partners
& 3 more
- Employee Count25
- Acquired byAlpine 4
(Dec 2020)
Funding Insights of Impossible Aerospace
Impossible Aerospace has successfully raised a total of $9.4M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $9.4 million completed in September 2018. 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 $9.4M
- Total Rounds 2
- Last Round Series A β $9.4M
- First Round $1.8M
(May 2017)
- Investors Count 3
All 2 funding rounds of Impossible Aerospace 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 |
|---|---|---|---|---|---|
| Sep 2018 | $9.4M | Series A | β | Bessemer Venture Partners | |
| May 2017 | $1.8M | Debt – Conventional | β | β | β |
4 investors in total: 4 institutional.
Investors in Impossible Aerospace
Impossible Aerospace has secured backing from 4 investors, including venture fund investors. Prominent investors backing the company include Bessemer Venture Partners, Alpine 4 and Eclipse.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital investments and support for entrepreneurs in technology and innovation sectors. | 1911 | bvp.com | Redwood City, United States | |
Early-stage investments are made by Eclipse across multiple sectors. | – | eclipse.vc | Palo Alto, United States | |
Early-stage tech investments are made across US, Europe, and Asia. | – | airbusventures.vc | Menlo Park, United States | |
Group of company focused on multiple sectors | 2014 | alpine4.com | Phoenix, United States |
Investor details for Impossible Aerospace
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People of Impossible Aerospace
2 people are tracked at Impossible Aerospace (1 in leadership, 1 in team); the tracked headcount is 25.
| Name | Role | Group |
|---|---|---|
Spencer Gore | Founder & CEO | Leadership |
Randall Torno | Engineering Manager | Team |
Complete people profiles for Impossible Aerospace
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Timeline of Impossible Aerospace
4 dated milestones of Impossible Aerospace across 4 years, from founding to its latest funding, stage changes and deals.
- Founded Impossible Aerospace is founded.
- Funding First funding round of $1.8M.
- Funding Latest funding round, Series A, of $9.4M.
- Exit Acquired by Alpine 4.
Competitors of Impossible Aerospace
Impossible Aerospace 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 Parrot, Fotokite, BRINC Drones, Aerodome and Tetra Drones, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| parrot.com | 1994 | Paris, France | – | – | Professional drones and software solutions are manufactured for specialized applications. | |
| fotokite.com | 2014 | Zurich, Switzerland | $36.96M | – | Tethered drones for public safety are supplied to first responders. | |
| brincdrones.com | 2017 | Las Vegas, United States | $157.25M | – | Provider of a drone system for first responders | |
| aerodome.com | 2023 | New York, United States | $28M | – | Developer of drones for public safety | |
| tetradrones.co.uk | 2017 | Lincoln, United Kingdom | – | 3 | Develops and manufactures custom UAV systems in the UK for demanding applications. | |
| dronelok.com | 2019 | Bengaluru, India | – | – | Waterborne rescue drone systems are supplied for emergency aid. |
Detailed competitors of Impossible Aerospace
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Latest news on Impossible Aerospace
Complete news archive for Impossible Aerospace
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Similar companies to Impossible Aerospace
10 companies that operate in the same segment as Impossible Aerospace (Drone & Aerial Mobility), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Multi-utility drones are developed for agriculture and filmmaking sectors. | 2006 | Shenzhen, Guangdong, China | USD 105 M | – | – | |
Provider of AI-based drone surveillance solutions for defense and maritime sector | 2017 | Orange, California, United States | USD 11.29 B | – | 2,193 | |
Autonomous aerial vehicles are provided for consumer and commercial uses. | 2014 | Guangzhou, Guangdong, China | USD 94 M | USD 58.15 M | 483 | |
Developer of unmanned aerial vehicles | 2007 | Navi Mumbai, Maharashtra, India | USD 53.82 M | USD 24.09 M | 595 | |
Professional drones and software solutions are manufactured for specialized applications. | 1994 | Paris, France | – | USD 93.74 M | 395 | |
Manufacturer of drones and provider of drone-based solutions across various sectors | 2015 | Chennai, Tamil Nadu, India | USD 49.3 M | USD 12.94 M | 130 | |
Autonomous drones, software, and accessories are manufactured for various sectors. | 2014 | San Mateo, California, United States | USD 825 M | – | 723 | |
Autonomous drones and AI pilots for fighter jets are developed. | 2015 | San Diego, California, United States | USD 3.17 B | – | 641 | |
Electric copters for urban mobility are manufactured and developed. | 2011 | Bruchsal, Baden-wurttemberg, Germany | USD 725.73 M | – | – | |
Developer of small unmanned aerial systems | 2015 | Gilching, Bayern, Germany | USD 1.82 B | USD 39.45 M | 108 |
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Frequently Asked Questions about Impossible Aerospace
Impossible Aerospace was founded in 2016 and raised its 1st funding round 1 year after it was founded.
Impossible Aerospace is headquartered in Sunnyvale, United States. It is registered at Sunnyvale, California, United States.
Spencer Gore is the current CEO of Impossible Aerospace. They have also founded this company.
Impossible Aerospace is a funded company, having raised a total of $9.4M across 2 funding rounds to date. The company's 1st funding round was a Debt β Conventional of $1.8M, raised on May 2017.
Impossible Aerospace has 25 employees.
Provider of an electric, commercial-grade quadcopter drone. It has a flight time of up to two hours which is claimed to 4 times greater than the industry average. This drone is uniquely designed with the batteries forming an integral part of its structure. As a result, the drone can fit many more batteries and thus achieve its extra-long flight time. It is capable of carrying a payload of up to 2.9 pounds but that drops the total flight time to approximately 78 minutes.
Impossible Aerospace has 4 investors. Key investors include Bessemer Venture Partners, Alpine 4, Eclipse, and Airbus Ventures.
Impossible Aerospace operates through Impossible Aerospace Corporation.
Yes. Impossible Aerospace was acquired by Alpine 4 in December 2020.