Startup
Adelaide, SA
Every investor coverage indicates participated in a round Alauda Aeronautics raised.
| Investor | Rounds | Invested |
|---|---|---|
| DHL | Seed | - |
| Equals | Seed | - |
| Jelix Ventures | Seed | - |
| Salta Capital | Seed | - |
Companies Alauda Aeronautics acquired or merged with, per published coverage. Buying a company is not investing in one: nothing here counts in the deals column.
Stories naming Alauda Aeronautics. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
Australia's aviation regulator has granted Alauda Aeronautics an experimental certificate to fly its Airspeeder Mk4 racing eVTOL with a pilot aboard; Intel, Dell, AWS and Telstra back the series' computing and race-control systems.
Ignition Lane's weekly roundup: Zip's deal for Sezzle, Zeller's unicorn raise, several Australian funding rounds, Startmate backing Provvy, a space manufacturing grant, NZVC's first close, and tech's response to Russia.
Canberra is putting $20 million into an Adelaide space manufacturing project, matching the state government's earlier $20 million, with four local spacetech firms among the collaborators.
Canberra is putting $20 million from its Modern Manufacturing Initiative toward a space manufacturing park at Adelaide Airport, adding to state support, while a plant-protein consortium led by Australian Plant Proteins earlier secured $113 million.
Analysis arguing that despite eye-catching raise headlines during COVID-19, deal counts fell sharply in early 2020, with experts citing portfolio protection, pipeline deals rushing to close, and media amplification.
Adelaide multicopter maker Alauda has raised a seed round backed by Saltwater Capital, Jelix Ventures, EQUALS and DHL to develop its vehicle and flying car racing league, with manned test flights planned in South Australia later this year.