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Electra closes $115 million Series B round

Summary by aerotime.aero
Electra, a US company developing an ultra-short takeoff and landing (STOL) hybrid passenger aircraft, has raised $115 million in a Series B funding round.  The round was led by Prysm Capital, a growth equity firm, which joins other prominent early investors in Electra, including Lockheed Martin Ventures, Honeywell, Safran, the Virginia Innovation Partnership Corporation (VIPC) and Statkraft Ventures, the venture capital arm of Norwegian energy f…
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aerotime.aero broke the news in on Wednesday, April 23, 2025.
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