Airbility announced on the 22nd that it had attracted 2.5 billion won in pre-A series investment, reaching a cumulative investment of 3.7 billion won.
This investment round included new investment from Samho Green Investment, as well as follow-up investments from Base Ventures, Stonebridge Ventures, and Mashup Ventures. Through this, Airability has strengthened its foundation for full-scale technology commercialization and entry into the global market. In particular, the large-scale follow-up investments from early seed investors have confirmed the trust in Airability’s technological prowess and market potential.
Airability plans to use this investment to focus on hiring and expanding its workforce for the development of fixed-wing electric vertical takeoff and landing (eVTOL) technology and distributed electric fanjet propulsion system technology.
In addition, Airability is also standing out in government support programs. It has been selected for the Ministry of SMEs and Startups' 'Super Gap Startup 1000+ Project' and 'Deep Tech Tips', a 'Deep Tech Startup Incubation Program', and secured support for R&D funds and technological advancement. In addition, it has proven its technological prowess and business feasibility by winning the 'Gyeonggi Startup Contest' grand prize and the 'Challenge K-Startup 2024' excellence award last year.
“This investment in the Pre-A Series will serve as an important foundation for technology commercialization and entry into the global market,” said Lee Jin-mo, CEO of Airability. “We will create new value in the global air mobility market through sustainable future mobility solutions.”
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