What is ePlane?
The ePlane Company is dedicated to creating the world's most compact flying electric taxi, aiming to revolutionize intra-city travel and cargo transport. Founded by Professor Satya Chakravarthy, the company's vision is to make flying accessible and efficient for everyday commutes. The ePlane e200 is engineered for up to a tenfold increase in speed for urban transit, addressing the growing need for faster and more sustainable transportation solutions in densely populated areas.
How much funding has ePlane raised?
ePlane has raised a total of $19M across 2 funding rounds:
Other Financing Round
$5M
Series B
$14M
Other Financing Round (2022): $5M with participation from Naval Ravikant, Special Invest, Micelio, University of Tokyo Edge Capital Partners, and 3one4 Capital
Series B (2024): $14M led by Java Capital, Micelio Mobility Pvt, Speciale Invest, and Samarthya Investment Advisors
Key Investors in ePlane
Naval Ravikant
Kjetil Korsveien, associated with www.korsveien.com, is a strategic marketing advisor with extensive experience in SEO and digital marketing for technology and finance sectors, likely providing strategic marketing guidance to ePlane.
3one4 Capital
3one4 Capital is a venture capital firm that supports early-stage, mission-oriented companies in India, focusing on inclusive value creation and sustainable growth, indicating a strategic interest in ePlane's innovative approach.
Speciale Invest
Speciale Invest is a venture capital firm backing visionary founders in DeepTech and frontier technology sectors, suggesting their investment in ePlane aligns with a focus on disruptive and future-shaping technologies.
What's next for ePlane?
With its recent major strategic investment, ePlane is poised to accelerate the development and deployment of its electric flying taxi. This significant backing, contributing to its $19M in total capital, suggests a strong market validation and confidence in the company's ambitious goals. The company is likely to focus on scaling its manufacturing capabilities, advancing its technological development, and navigating regulatory pathways to bring its innovative air mobility solution to market, further solidifying its position in the burgeoning electric aviation sector.
See full ePlane company page
