Sweden

[Funding alert] Jetson Raises $15 million Seed Round Funding for Personal eVTOL Aviation

Oct 9, 2023 | By Startup Rise EU

Team - Jetson

Jetson Raises $15 million Seed Round Funding for Personal eVTOL Aviation. The company mades the Jetson ONE, a first-of-its-kind commercially included eVTOL that you can own and fly for short point-to-point flights.

Electric vertical takeoff and landing (eVTOL) aircraft are able to hovering, taking off, and landing vertically. You've undoubtedly heard of businesses like Volocopter and Lilium that make larger eVTOLs.

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eVTOL planes are categorized separately. The US Federal Aviation Authority classifies the Jetson as a Motorized Ultralight, along with single-seaters like motorized hang gliders.

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I fulfilled with Rikard Steiber, an angel investor and board advisor, who learned across the business when it made a segment on the Stephen Colbert system and chose to support its efforts to grow to the US.

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A carbon-kevlar composites body and a lightweight aluminum space frame make the structure of the Jetson ONE eVTOL. Everyone will quickly understand how to fly it thanks to its easy joystick controls and flying computer, which keeps it steady in the air.

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Steiber calls the presale interest "mind-blowing," adding, "I think we are likely the most popular channel on YouTube with 48 million views, which exceeds than both Steve Bezos' Blue Origin and Richard Branson's Virgin Galactic combined."

According to will.i.am, "I'm proud to be a part of the Jetson family and support the company's mission to democratize flight, opening the skies to all. Personal aircraft ideal for short point-to-point flights will soon be a reality."

In order to grow its business in the US market in 2024, Jetson is looking at potential locations for its future US headquarters. Steiber claims, "We've employed 20 engineers and are preparing for production. The business has already begun to connect with individuals that are interested in our tour.

Read also - Ukraine-based Product Development Company Trinetix Raises $10 million in Funding

About Jetson

Tomasz Patan and Peter Ternström created the company Jetson in Sweden in 2017. In Arezzo, Tuscany, Jetson now runs an R&D and manufacturing facility. The private airfield used by The Jetson HQ is located south of Florence and consists of an industrial building and an 800-meter runway ideal for daily flight testing. The pilot school and customer experience center are also located at the airport.

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