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Eve Air Mobility raised $94 million in a Series B funding led by Embraer and others to develop an electric vertical take-off and landing (eVTOL) aircraft.

Jul 05, 2024about 1 year ago

Amount Raised

$94 Million

Round Type

series b

Melbourne

Investors

NidecEmbraer

Description

Eve Air Mobility, a spinoff of aerospace company Embraer, has completed assembly of its first prototype ahead of a testing campaign for its eVTOL aircraft, designed as a flying taxi for urban areas.

Company Information

Company

Eve Air Mobility

Location

Melbourne, Florida, United States

About

Eve is a prominent electric aircraft manufacturer operating under the control of Brazilian aerospace giant Embraer. They are focused on developing battery-powered aircraft capable of vertical takeoff and landing (eVTOL) for short-distance urban transportation.

Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech

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