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, 2024•12 months ago
Round Type
series a
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.
Funding Insights
Based on industry dataVC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers