The ePlane Company raises $5 Mn in pre-Series A
The ePlane Company, an electric aircraft startup, has raised $5 million in its pre-Series A round led by Speciale Invest and Micelio. Naval Ravikant, 3one4 Capital, UTEC (University of Tokyo Edge Capital), Anicut Capital, Infoedge, Prashant Pitti (Co-founder of Easemytrip), Thought Ventures, Java Capital, and Firstcheque.vc have also participated. The startup had earlier raised $1 million in March last year. According to the Chennai-based startup, the funds will be used for hiring, R&D, building prototypes and receiving certifications. Continue reading The ePlane Company raises $5 Mn in pre-Series A at Entrackr.
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The ePlane Company, an electric aircraft startup, has raised $5 million in its pre-Series A round led by Speciale Invest and Micelio. Naval Ravikant, 3one4 Capital, UTEC (University of Tokyo Edge Capital), Anicut Capital, Infoedge, Prashant Pitti (Co-founder of Easemytrip), Thought Ventures, Java Capital, and Firstcheque.vc have also participated. The startup had earlier raised $1 million in March last year.
According to the Chennai-based startup, the funds will be used for hiring, R&D, building prototypes and receiving certifications.