Airspace Experience Technologies on SeedInvest

Air mobility company delivering private air travel to the masses.

Raise to date: $577,928

Reporting Date: 06/30/2019

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Perferred Stock

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No Review

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Confirmed Closed

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DPD* All Companies


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SEC Filing Data from Kingscrowd

Airspace Experience Technologies, offering private air travel to the masses, is raising funds on SeedInvest. The company has a pre-money valuation of $25 million and is using mass production and state-of-the-art technology for manufacturing vertical take-off and landing aircraft. The aircraft will be useful to carry cargo and passengers five times faster than driving. Airspace Experience Technologies was founded by Jon Rimanelli and Anita Sengupta and has already raised $965,000 in its pre-seed round. The current crowdfunding round has a total size of $8,070,000, and the proceeds will be used for aircraft development, marketing, and employee compensation. Airspace Experience Technologies holds strong potential as it is backed by a management team with decades of experience and has already signed an MoU with VerdeGo Aero to supply its parts like motors and batteries.