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 as of December 31, 2022. 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 as on 31 Dec, 2022
- Founders Spencer Gore
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Sectors
Aerospace, Defense & Maritime
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Email
***********
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Phone
*********
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Website
*********
- Legal Name Impossible Aerospace Corporation
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$9.4 M (USD)
in 2 rounds
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Latest Funding Round
$9.4 M (USD), Series A
Sep 10, 2018
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Investors
Bessemer Venture Partners
& 3 more
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Employee Count
25
as on Dec 31, 2022
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Acquired by
Alpine 4
(Dec 15, 2020)
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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 Total Funding
- Total Rounds 2
- Last Round Series A — $9.4M
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First Round
First Round
(08 May 2017)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2018 | Amount | Series A - Impossible Aerospace | Valuation | Bessemer Venture Partners | |
| May, 2017 | Amount | Debt – Conventional - Impossible Aerospace | Valuation |
investors |
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| 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 |
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. 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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Venture capital investments and support for entrepreneurs in technology and innovation sectors.
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Founded Year | Domain | Location | |
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Early-stage investments are made by Eclipse across multiple sectors.
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Founded Year | Domain | Location | |
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Early-stage tech investments are made across US, Europe, and Asia.
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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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Founded Year | Domain | Location | |
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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 Impossible Aerospace
| 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 - Impossible Aerospace
| 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 |
Impossible Aerospace Comparisons
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. 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.
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Develops and manufactures custom UAV systems in the UK for demanding applications.
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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 Impossible Aerospace
Frequently Asked Questions about Impossible Aerospace
When was Impossible Aerospace founded?
Impossible Aerospace was founded in 2016 and raised its 1st funding round 1 year after it was founded.
Where is Impossible Aerospace located?
Impossible Aerospace is headquartered in Sunnyvale, United States. It is registered at Sunnyvale, California, United States.
Who is the current CEO of Impossible Aerospace?
Spencer Gore is the current CEO of Impossible Aerospace. They have also founded this company.
Is Impossible Aerospace a funded 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 – Conventional of $1.8M, raised on May 08, 2017.
How many employees does Impossible Aerospace have?
As of Dec 31, 2022, the latest employee count at Impossible Aerospace is 25.
What does Impossible Aerospace do?
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.
Who are the top competitors of Impossible Aerospace?
Who are Impossible Aerospace's investors?
Impossible Aerospace has 4 investors. Key investors include Bessemer Venture Partners, Alpine 4, Eclipse, and Airbus Ventures.
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