What is Archer?
Archer Aviation is an aerospace innovator dedicated to designing and developing electric vertical takeoff and landing (eVTOL) aircraft. The company's core mission is to transform urban transportation by creating sustainable, quiet, and efficient air mobility solutions. Archer's focus on all-electric aircraft aims to provide rapid, short-distance travel within metropolitan areas, thereby reducing carbon emissions and alleviating traffic congestion. The company is actively pursuing aircraft certification and commercialization to establish safe and accessible air taxi services.
How much funding has Archer raised?
Archer has raised a total of $2.5B across 8 funding rounds:
Other Financing Round
$215M
Other Financing Round
$65M
Multiple Rounds
$1.1B
Other Financing Round
$300M
Other Financing Round
$850M
Other Financing Round (2023): $215M with participation from Stellantis, ARK Investment Management, and Boeing
Other Financing Round (2023): $65M led by Synovus Financial
Other Financing Round (2024): $55M supported by Stellantis
Unspecified (2024): $370M featuring Stellantis
Other Financing Round (2024): $220M backed by United Airlines
Other Financing Round (2024): $430M with participation from Stellantis, 2pointzero Ventures, and United Airlines
Other Financing Round (2025): $300M led by BlackRock
Other Financing Round (2025): $850M, investors not publicly disclosed
Key Investors in Archer
Stellantis
Stellantis N.V. is a multinational automotive manufacturing corporation formed from the merger of PSA Group and Fiat Chrysler Automobiles, indicating a strong interest in the future of mobility and electric vehicle technology.
United Airlines
United Airlines, a major global airline, is investing in Archer, signaling a strategic partnership aimed at integrating eVTOL aircraft into future air travel networks and urban transportation solutions.
BlackRock
BlackRock, a global investment management firm, provides significant financial backing, reflecting confidence in Archer's long-term growth potential and its role in the evolving aerospace and transportation industries.
What's next for Archer?
With substantial backing, Archer is poised to accelerate its development and commercialization efforts. The recent influx of capital, particularly the major enterprise-level funding, suggests a strategic push towards scaling operations, finalizing aircraft design, and securing necessary regulatory approvals. This financing will likely be instrumental in advancing Archer's goal of launching its air taxi services, positioning the company as a leader in the burgeoning eVTOL market and shaping the future of urban transit.
See full Archer company page
