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Nautical Wings Aerospace raised an undisclosed amount in a pre-Series A funding round led by Venture Catalysts and 1Crowd to enhance research and development and expand its engineering team.

Sep 06, 202412 months ago

Round Type

series a

BengaluruAutomotiveManufacturing

Investors

1 CrowdVenture Catalysts

Description

Nautical Wings Aerospace has successfully completed its pre-Series A funding round, securing investment from Venture Catalysts and 1Crowd. The funds will be utilized to drive research and development efforts and expand the company's engineering capabilities in response to growing demand for electric propulsion technologies in aviation.

Company Information

Company

Nautical Wings Aerospace

Location

Bengaluru, Karnataka, India

About

Nautical Wings Aerospace is an aviation technology company based in Bengaluru, India. We're on a mission to electrify aircrafts, pioneering a cleaner, more sustainable future for all; it's essential. We're expanding our team. If you think what we're doing is meaningful, join us and help build a sustainable tomorrow.

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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