【Tracxn】2025全球飞行汽车行业市场研究报告

TRACXNFEEDREPORT

FLYINGCARS

FEBRUARY04,2025

Contents

Overview

Funding

Investors

Acquisitions

IPOs

Companies

Unicorns

BusinessModels

News

Appendix

FeedReport-FlyingCars-Feb2025

Copyright©2025,TracxnTechnologiesLimited.Allrightsreserved.

Summary

MarketMap

Contents

Overview

Funding

Investors

Acquisitions

IPOs

Companies

Unicorns

BusinessModels

News

Appendix

FeedReport-FlyingCars-Feb2025

Copyright©2025,TracxnTechnologiesLimited.Allrightsreserved.

FlyingCars-Summary(1/2)

TopCompanies

Ehang

(2014,China,$52.0M)

JobyAviation

(2009,UnitedSt..,$690M)

Volocopter

(2011,Germany,$726M)

Archer

(2018,UnitedSt..,$1.9B)

Aurora

(1989,UnitedSt..,$6.8M)

Wisk

(2019,UnitedSt..,$450M)

Skyports

(2017,UnitedKi..,$151M)

ePlane

(2019,India,$21.5M)

ScopeofFeed

Whatisincluded

Companiesdevelopingvehicleswithbothon-landdrivingandaerialcapabilities,aswellasthosedevelopingsmallpersonalaircraftsforurbanenvironments.Alsoincludestaxioperatorsandrentalsutilizingfleetofflyingcars,alongwithcomponentand

infrastructureproviders,particularlyfortheflyingcarindust...

Whatisnotincluded

Companiesdevelopingandprovidingcomponentsandtechnologiesthatarenotspecifictotheflyingcarecosystem,traditionalaerialtransportationserviceslikeair-ambulancesandhelicoptertransport.Alsoexcludesdronesandotheraerialcargotransportvehicleswithoutcapabilitiesforpeopletransport.

4FeedReport-FlyingCars-Feb2025

KeyStats

142

Companies

$363M

Fundinginlast2years

57

Funded

Companies

7

Acquisitions

$5.5B

TotalFunding

5

IPOs

TopGeographiesbyCompanies

UnitedStates

GermanyIndia

China

Japan

TotalCompanies

55

13

13

5

4

UnfundedCompaniesFundedCompanies

Copyright©2025,TracxnTechnologiesLimited.Allrightsreserved.

FlyingCars-Summary(2/2)

#CompaniesbyStage

Founded

-

142

Funded100%

57

19

SeriesA+33%

12

SeriesB+21%

8

SeriesC+14%

SeriesD+35%

TopFundingRoundsinlast2y

Company

RoundDetails

XPENGAEROHT

(2013,China,$650M)

$150M-SeriesB

Skyports

(2017,UnitedKingdom,$151M)

$110M-SeriesC

Crisalion

(2019,Spain,$21.73M)

$16M-SeriesA

ePlane

(2019,India,$21.49M)

$14M-SeriesB

$14M-SeriesA

VolantAerotech..

(2021,China,$56.37M)

Y-o-YFunding

TotalFunding:$5.5B

$Funding#Rounds

TopInvestors

StageInvestor#Portfolio

Seed

Stage

500Global1

AlbersAerospace1

AlchemistAccelerator1

Early

Stage

3.0Fund1

3one4Capital1

5YCapital1

Late

Stage

LevitateCapital2

10xGroup1

ACS1

$FundingbyCountry

UnitedStates(58.6%)Germany(21.7%)

China(13.7%)

UnitedKingdom(2.7%)Japan(2.1%)

India(1.3%)

Spain(0.4%)

TopExits

TypeCompanyAcq.Price/IPOMcap

Acq.

aerpace

(2019,India)

$961K

Wisk

(2019,UnitedStates,$450M)

NA

H2Fly

(2014,Germany)

NA

IPO

Lilium

(2015,Germany,$375M)

$4.8B

Ehang

(2014,China,$52.0M)

$758M

5FeedReport-FlyingCars-Feb2025

Copyright©2025,TracxnTechnologiesLimited.Allrightsreserved.

Marketmap-FlyingCars

HYBRIDVEHICLES

NON-HYBRIDVEHICLES

AUTONOMOUS

AUTONOMOUS

URBANAIRMOBILITYINFRASTRUCTURE

》SKYROADS

TopBusinessModelsinlast1y

BusinessModel

Funding

NonHybridFlyingCars

$218M

UrbanAirMobilityInfrastructure

$110M

*UpcomingBusinessModel

6FeedReport-FlyingCars-Feb2025

Copyright©2025,TracxnTechnologiesLimited.Allrightsreserved.

Overview

Funding

Investors

Acquisitions

IPOs

Companies

Unicorns

BusinessModels

News

Appendix

Contents

FundingFunnel

Y-o-YFundingTrends

FundingbyGeography

Y-o-YStagewiseFunding

MedianRoundSizebyStage

NewEntrantstoFundedClub

FundingbyTeamBackground-Collegewise

FundingbyTeamBackground-Companywise

FeedReport-FlyingCars-Feb2025

Copyright©2025,TracxnTechnologiesLimited.Allrightsreserved.

FundingFunnel

Movedfrom

previousStage%

FundingFunnel%

Stage#Companies

142

Founded

-

-

57

100%

33%

21%

40%

33%

63%

Funded

19

SeriesA+

12

SeriesB+

Avg.Yearsfromfirstfunding

-

-

1.9

2.6

SeriesC+

8

14%

67%

4.4

SeriesD+

3

5%

38%

7.3

Copyright©2025,TracxnTechnologiesLimited.Allrightsreserved.

8FeedReport-FlyingCars-Feb2025

Y-o-YFundingTrends

$Funding(3y)CAGR=-78%

$Funding(5y)CAGR=-60%

TopFundingRoundsinlast2years

CompanyFundingRound

XPENGAEROHT

(2013,China)

$150M-SeriesB

Skyports

(2017,UnitedKingdom)

$110M-SeriesC

Crisalion

(2019,Spain)

$15.8M-SeriesA

l,$14.0M-SeriesB

VolantAerotech

(2021,China)

$13.9M-SeriesA

VolantAerotech

(2021,China)

$13.8M-SeriesA

VolantAerotech

(2021,China)

$13.8M-SeriesA

SarlaAviation

(2023,India)

$10.0M-SeriesA

Crisalion

(2019,Spain)

$5.9M-SeriesA

Zuri

(2004,CzechRepublic)

$4.6M-Seed

Note:FundingincludesonlyEquityFunding.ItexcludesDebt,Grant,Post-IPOandICOfunding.

Copyright©2025,TracxnTechnologiesLimited.Allrightsreserved.

9FeedReport-FlyingCars-Feb2025

FundingbyGeography

DistributionbyCountry-TotalFunding($)

UnitedStates

Germany

China

UnitedKingdom

Japan

India

Spain

Israel

#Rounds

33

19

13

7

5

13

2

1

TopFundedCompany

Archer(1.9B)

Volocopter(726M)

XPENGAEROHT(650M)

Skyports(151M)

SkyDrive(118M)

BeeFlights(36.3M)

Crisalion(21.7M)

UrbanAero(10.0M)

TopCitiesbyFunding

SanJose

$1.9B

Bruchsal

$726M

SantaCruz

$690M

Tianhe

$650M

MountainView

$550M

Wessling

$375M

London

$151M

ShinjukuCity

$118M

Augsburg

$100M

Shanghai

$56.4M

Note:FundingincludesonlyEquityFunding.ItexcludesDebt,Grant,Post-IPOandICOfunding.

Copyright©2025,TracxnTechnologiesLimited.Allrightsreserved.

10FeedReport-FlyingCars-Feb2025

Y-o-YStage-wiseFundingTrends

$948M

$952M

$857M

$24.4M

$10.0M

11

10

9

12

1

Stage-wise$InvestedStage-wiseNumberofRounds

$328M

SeedmEarlyStagemLateStage口TotalFunding

16

nSeedmEarlyStagemLateStage口TotalRounds

Note:SeedincludesSeed,Angelrounds.EarlyStageincludesSeriesA,Brounds.LateStageincludesSeriesC+,PE,Pre-IPOrounds.

11FeedReport-FlyingCars-Feb2025Copyright©2025,TracxnTechnologiesLimited.Allrightsreserved.

MedianRoundSizebyStage

StageRoundsize-Min,Median,Max(2020-2025)Y-o-YMedianRoundSize(2020-2025)

LateStage

SeriesB

SeriesA

Seed

$155M

$110M$241M

$25.0M

-

$82.0M

$11.9M

$540K$55.0M

$1.1M

$550K$2.3M

518业__业__业__业__业__oh

202020212022202320242025YTD

Note:SeedincludesSeed,Angelrounds.EarlyStageincludesSeriesA,Brounds.LateStageincludesSeriesC+,PE,Pre-IPOrounds.

12FeedReport-FlyingCars-Feb2025Copyright©2025,TracxnTechnologiesLimited.Allrightsreserved.

NewEntrantstoFundedClub

Notable

Companies

ePlane

(2019,India,$21.5M)

XPENGAEROHT

(2013,China,$650M)

Wisk

(2019,UnitedStates,

$450M)

Archer

(2018,UnitedStates,

$1.9B)

SarlaAviation

(2023,India,$12.2M)

-

Copyright©2025,TracxnTechnologiesLimited.Allrightsreserved.

13FeedReport-FlyingCars-Feb2025

FundingbyTeamBackground-Collegewise

DistributionbyTeamBackground

StanfordUniversity

IITGuwahati

UniversityofOxford

HarvardBusinessSchool

HarvardUniversity

ColumbiaBusinessSchool

ColumbiaUniversity

DukeUniversity

TotalFunding

JobyAviation

$690M

Wisk

$450M

Skyports

$151M

Skyports

$151M

Skyports

$151M

Ehang

$52.0M

Ehang

$52.0M

Ehang

$52.0M

KhageshvaraAv..

-

ASX

-

ASX

-

LuftCar-

Note:NumberinthebracketistheTotalFundingraisedbytheCompany

14FeedReport-FlyingCars-Feb2025Copyright©2025,TracxnTechnologiesLimited.Allrightsreserved.

FundingbyTeamBackground-Companywise

DistributionbyTeamBackground

Flipkart

McKinsey

Microsoft

Google

Wisk

$450M

Skyports

$151M

Ehang

$52.0M

DufourAerospace-

BECCARII

-

TotalFunding

Note:NumberinthebracketistheTotalFundingraisedbytheCompany

15FeedReport-FlyingCars-Feb2025Copyright©2025,TracxnTechnologiesLimited.Allrightsreserved.

YoYInvestorTrends

MostActiveInvestors:Accelerators&Incubators

MostActiveInvestors:VC-Seed

MostActiveInvestors:VC-Early

MostActiveInvestors:VC-Late

MostActiveInvestors:PE

Contents

Overview

Funding

Investors

Acquisitions

IPOs

Companies

Unicorns

BusinessModels

News

Appendix

FeedReport-FlyingCars-Feb2025

Copyright©2025,TracxnTechnologiesLimited.Allrightsreserved.

Y-o-YActiveInvestors

Y-o-Y#ofuniqueInstitutionalInvestorsinFlyingCars

First-timeInvestorsExistingInvestors

TopInstitutionalInvestorsinthelast2years

StageInvestorname#RoundsinLast2y1

Valiant

InvestmentandTraders

2(--)

2(--)

1(--)

2(--)

1(--)

1(<>0%)

CampusFund

500Global

LegendCapital

Accel

AnicutCapital

ACS1(--)Energy&

SeedStage

EarlyStage

LateStageEnvironment1(--)

Investment

GlobalSuzuki1(<>0%)

Note:First-timeinvestorsandExistingInvestorsarecalculatedfromtheavailableEquityFundingRoundsonTracxnPlatform.1.Thenumbersinbracketcorrespondtothechangefrompreviousperiod.

17FeedReport-FlyingCars-Feb2025Copyright©2025,TracxnTechnologiesLimited.Allrightsreserved.

MostActiveInvestors:VC-Seed

#InvestorNameCountry

#Overall

investments

#InvestmentsinFeed*

NotableInvestmentsinFeed*

1

LevitateCapital

UnitedStates

10

2

Volocopter($726M),Skyports($151M)

2

PegasusTechVenturesUnitedStates2221SkyDrive($118M)

3

EvolutionVCPartners

UnitedStates

248

1

Archer($1.9B)

4

FJLabs

UnitedStates

870

1

Archer($1.9B)

5

ConnecticutInnovations

UnitedStates

406

1

Eve

6

DraperAssociates

UnitedStates

285

1

AlefAeronautics($5.5M)

7

Gaingels

UnitedStates

943

1

Archer($1.9B)

8

ZhenFund

China

646

1

Ehang($52.0M)

9

b2venture

Switzerland

168

1

Volocopter($726M)

10

10xGroup

Germany

78

1

Volocopter($726M)

Note:*Feed=FlyingCars.Thenumberinbracketreferstothetotalfundingraisedbythecompany.

Copyright©2025,TracxnTechnologiesLimited.Allrightsreserved.

18FeedReport-FlyingCars-Feb2025

MostActiveInvestors:VC-EarlyStage

#InvestorNameCountry

#Overall

investments

#InvestmentsinFeed*

NotableInvestmentsinFeed*

1IntelCapitalUnitedStates8252Volocopter($726M),JobyAviation($690M)

2

GGVCapital

UnitedStates

492

2

XPENGAEROHT($650M),Ehang($52.0M)

3

DroneFund

Japan

69

2

SkyDrive($118M),FaroStar

4

AccessIndustries

UnitedStates

118

1

Archer($1.9B)

5

Accel

UnitedStates

1096

1

SarlaAviation($12.2M)

6

AMECloudVentures

UnitedStates

250

1

JobyAviation($690M)

7

IDGCapital

UnitedStates

797

1

XPENGAEROHT($650M)

8

5YCapital

China

195

1

XPENGAEROHT($650M)

9

Earlybird

Germany

229

1

Lilium($375M)

10

LegendCapital

China

463

1

VolantAerotech($56.4M)

Note:*Feed=FlyingCars.Thenumberinbracketreferstothetotalfundingraisedbythecompany.EarlyStagereferstoSeriesAandSeriesBrounds

19FeedReport-FlyingCars-Feb2025Copyright©2025,TracxnTechnologiesLimited.Allrightsreserved.

MostActiveInvestors:VC-LateStage

#InvestorNameCountry

#Overall

investments

#InvestmentsinFeed*

NotableInvestmentsinFeed*

1EDBISingapore2181JobyAviation($690M)

2

GLyCapital

China

4

1

Volocopter($726M)

Note:*Feed=BlockchainTechnology-China&Taiwan.Thenumberinbracketreferstothetotalfundingraisedbythecompany.LateStagereferstoSeriesC&beyondrounds.

20FeedReport-FlyingCars-Feb2025Copyright©2025,TracxnTechnologiesLimited.Allrightsreserved.

MostActiveInvestors:PE

#InvestorName

Country

#Overall

investments

#InvestmentsinFeed*

NotableInvestmentsinFeed*

1ArdianFrance3191Skyports($151M)

2CDHChina3031VolantAerotech($56.4M)

3YunfengCapitalChina1501XPENGAEROHT($650M)

4SilversmithCapitalPartnersUnitedStates241Archer($1.9B)

5CYwPFundsUnitedStates451Aurora($6.8M)

6AnicutCapitalIndia1411ePlane($21.5M)

7HuangpuRiverCapitalChina161Terrafugia($5.6M)

8HuangpuRiverCapitalChina101Terrafugia($5.6M)

9

Lightrock

UnitedKingdom

80

1

Lilium($375M)

10

F2iSGR

Italy

14

1

Skyports($151M)

Note:*Feed=FlyingCars.Thenumberinbracketreferstothetotalfundingraisedbythecompany.

Copyright©2025,TracxnTechnologiesLimited.Allrightsreserved.

21FeedReport-FlyingCars-Feb2025

MostActiveInvestors:Accelerators&Incubators

#InvestorNameCountry

#Overall

investments

#InvestmentsinFeed*

NotableInvestmentsinFeed*

1

EICFund

Belgium

4323

2

DufourAerospace,Pipistrel

2

TeamGlobal

Germany

15

2

Volocopter($726M),Autoflight($100M)

3

500Global

UnitedStates

2469

1

VONAER

4

CapitalFactory

UnitedStates

795

1

LIFTAircraft

5

AlleyCorp

UnitedStates

152

1

Archer($1.9B)

6

GermanAccelerator

Germany

397

1

Skyroads($3.5M)

7

TEDCO

UnitedStates

228

1

HopFlyt($1.8M)

8

AlchemistAccelerator

UnitedStates

511

1

Bartini

9

VentureKick

Switzerland

686

1

Neurobotx($100K)

10Velocity

Canada

192

1

Watfly

Note:*Feed=FlyingCars.Thenumberinbracketreferstothetotalfundingraisedbythecompany.

Copyright©2025,TracxnTechnologiesLimited.Allrightsreserved.

22FeedReport-FlyingCars-Feb2025

Contents

Overview

Funding

Investors

Acquisitions

IPOs

Companies

Unicorns

BusinessModels

News

Appendix

AcquisitionTrends

ListofAcquisitions

MostActiveAcquirers

FeedReport-FlyingCars-Feb2025

Copyright©2025,TracxnTechnologiesLimited.Allrightsreserved.

QuickSnapshot-Acquisitions

(1989,Ajdovscina)

Company

Acq.Price

aerpace

(2019,Mumbai)

$961K

Wisk

(2019,MountainView,$450M)

-

H2Fly

(2014,Stuttgart)

-

Pipistrel

-

Rotorvox

(2011,Horselgau,$608K)

-

Terrafugia

(2006,Waltham,$5.6M)

-

Aurora

(1989,Manassas,$6.8M)

-

-

-

-

$961K

-

.#ofAcquisitions口Avg.AcquisitionPrice

AcquisitionsDistributionbyAcq.Price

#ofAcquisitions

KeyStatsY-o-YAcquisitionTrendsAll-timeTopAcquisitions

7

①

5.4Yrs

Avg.yrsfromfirstfundingtoAcq.

$961K

Avg.Acq.Price

#Total

Acquisitions

$116M

Avg.Funding

raisedbeforeAcq.

TopInvestorsby#Acq.Exits

Investor

#Acq.NotableAcq.

AventuraVC

1

Terrafugia

Beteiligungsmanagement..

1

Rotorvox

CYwPFunds

1

Aurora

Boeing

1

Wisk

BantamGroup

1

Terrafugia

24FeedReport-FlyingCars-Feb2025Copyright©2025,TracxnTechnologiesLimited.Allrightsreserved.

ListofAcquisitions

Backtoindex

(1/1)

CompanyAcquirer(s)Acq.DateAcq.Price

aerpace

(2019,India)

AerpaceIndustries

Jan2024

$961K

Wisk

(2019,UnitedStates,$450M)

Boeing

Jun2023

NA

H2Fly

(2014,Germany)

JobyAviation

Jun2022

NA

Pipistrel

(1989,Slovenia)

Textron

Mar2022

NA

Rotorvox

(2011,Germany,$608K)

LIFTAIR

Jul2018

NA

Terrafugia

(2006,UnitedStates,$6M)

Geely

Nov2017

NA

Aurora

(1989,UnitedStates,$7M)

Boeing

Oct2017

NA

Copyright©2025,TracxnTechnologiesLimited.Allrightsreserved.

25FeedReport-FlyingCars-Feb2025

MostActiveAcquirers

#

Acquirer

Country

#Acq.

AverageAcq.Price

CompaniesAcquired

1

Boeing

UnitedStates

2

0

Wisk,Aurora

2

AerpaceIndustriesIndia

1

$961K

aerpace($961K)

3JobyAviationUnitedStates10H2Fly

4

Textron

UnitedStates

1

0

Pipistrel

5

LIFTAIR

1

0

Rotorvox

Note:NumbersinbracketindicatetheAcquisitionPriceofthecompany.

Copyright©2025,TracxnTechnologiesLimited.Allrightsreserved.

26FeedReport-FlyingCars-Feb2025

IPOTrends

ListofIPOs

Contents

Overview

Funding

Investors

Acquisitions

IPOs

Companies

Unicorns

BusinessModels

News

Appendix

FeedReport-FlyingCars-Feb2025

Copyright©2025,TracxnTechnologiesLimited.Allrightsreserved.

QuickSnapshot-IPOs

KeyStatsY-o-YIPOTrendsAll-timeTopIPOs

5

①20.5Yrs

#TotalIPOs

Avg.yrsfromfirstfundingtoIPO

$2.8B

$372M

Avg.IPOMcap

Avg.Funding

raisedbeforeIPO

TopInvestorsby#IPOExits

Investor#IPOsNotableIPOs

Spark

2

Archer,Eve

UnitedAirlines

2

Archer,Eve

AccessIndustries

1

Archer

8VC

1

JobyAviation

2PointZero

1

Archer

$4.8B

-

-

-

-

■#ofIPOs口Avg.IPOMCap

IPOsDistributionbyIPOMcap

#ofIPOs

Company

IPOMCap

Lilium

(2015,Wessling,$375M)

$4.8B

Ehang

(2014,Guangzhou,$52.0M)

$758M

Eve

(2020,FortLauderdale)

-

JobyAviation

(2009,SantaCruz,$690M)

-

Archer

(2018,SanJose,$1.9B)

-

28FeedReport-FlyingCars-Feb2025

Copyright©2025,TracxnTechnologiesLimited.Allrightsreserved.

Backtoindex

ListofIPOs(1/1)

IPODate

IPOMcap

Investors

Company

Lilium

(2015,Germany,$375M)

Earlybird,Tencent,Honey..,+10more

Sep2021

$4.8B

Eve

(2020,UnitedStates)

Embraer,NidecGroup,+3more

Jan2021

-

Archer

(2018,UnitedStates)

Stellantis,UnitedAirl..,+15more

Dec2020

-

JobyAviation

(2009,UnitedStates,$690M)

Toyota,StateofCalifo..,+15more

Nov2020

-

Ehang

(2014,China,$52M)

Enpower,Carmignac,Europ..,+9more

Dec2019

$758M

Copyright©2025,TracxnTechnologiesLimited.Allrightsreserved.

29FeedReport-FlyingCars-Feb2025

Contents

Overview

Funding

Investors

Acquisitions

IPOs

Companies

Unicorns

BusinessModels

News

Appendix

CompaniesbyGeography

CompaniesbyTeamBackground-Collegewise

CompaniesbyTeamBackground-Companywise

FeedReport-FlyingCars-Feb2025

Copyright©2025,TracxnTechnologiesLimited.Allrightsreserved.

CompaniesbyGeography

DistributionbyCountry-Companiesfounded

UnitedStates

Germany

India

China

Japan

Canada

Brazil

CzechRepublic

UnfundedCompaniesFundedCompanies

TotalCompanies

55

13

13

5

4

4

1

1

TopCitiesbyCompaniesfounded

MountainView

4

Bengaluru

3

Mumbai

3

Beijing

2

PaloAlto

2

Ajdovscina

1

Augsburg

1

Austin

1

Bratislava

1

Bruchsal

1

Copyright©2025,TracxnTechnologiesLimited.Allrightsreserved.

31FeedReport-FlyingCars-Feb2025

CompaniesbyTeamBackground-Collegewise

DistributionbyTeamBackground

BocconiUniversity

ColumbiaBusinessSchool

ColumbiaUniversity

DukeUniversity

MassachusettsInstituteofTec..

UniversityofOxford

BITSPilani

HarvardBusinessSchool

MANTAAIRCRAFT

-

Ehang

$52.0M

Ehang

$52.0M

Ehang

$52.0M

Terrafugia

$5.6M

Skyports

$151M

KhageshvaraAv..

-

Skyports

$151M

AIRALL

-

ASX

-

ASX

-

LuftCar

-

Avium

-

KhageshvaraAv..-

UnfundedCompaniesFundedCompanies

Note:NumberinthebracketistheTotalFundingraisedbytheCompany

32FeedReport-FlyingCars-Feb2025Copyright©2025,TracxnTechnologiesLimited.Allrightsreserved.

CompaniesbyTeamBackground-Companywise

DistributionbyTeamBackground

BECCARII

Microsoft

Ehang

-

$52.0M

Flipkart

Google

McKinsey

Wisk

$450M

DufourAerospace

-

Skyports

$151M

UnfundedCompaniesFundedCompanies

Note:NumberinthebracketistheTotalFundingraisedbytheCompany

33FeedReport-FlyingCars-Feb2025Copyright©2025,TracxnTechnologiesLimited.Allrightsreserved.

UnicornTrends

ListofUnicorns

InvestorsinUnicornsbyStageofEntry

TopUnicornInvestorsbyStageofEntry

Contents

Overview

Funding

Investors

Acquisitions

IPOs

Companies

Unicorns

BusinessModels

News

Appendix

FeedReport-FlyingCars-Feb2025

Copyright©2025,TracxnTechnologiesLimited.Allrightsreserved.

UnicornTrends

FlyingCars

Global

2

#TotalUnicorns

1347

#TotalUnicorns

①4.6

AvgYearsfromSeriesAtoUnicornRound

①10.2

AvgYearsfromSeriesAtoUnicornRound

$374M

Avg$FundingbeforeUnicornRound

$197M

Avg$FundingbeforeUnicornRound

7

Avg#FundingRoundsbeforeUnicornRound

4.1

Avg#FundingRoundsbeforeUnicornRound

22

AvgInstitutionalInvestorsbeforeUnicornRound

8.1

AvgInstitutionalInvestorsbeforeUnicornRound

TopSeedStageInvestorsTopEarlyStageInvestors

FreigeistCapital

IntelCapital

Atomico

Capricorn

5YCapital

8VC

+17more

TopLateStageInvestorsTopCountries

Germany(1)

China(1)

IntelCapital

b2venture

Atlantia

AbdulLatifJameel

AMECloudVentures

+38more

Note:InvestorsreferstoInstitutionalInvestorsonly.TopInvestorsarecalculatedbasedoninvestmentsbeforetheUnicornRound.

35FeedReport-FlyingCars-Feb2025Copyright©2025,TracxnTechnologiesLimited.Allrightsreserved.

ListofUnicorns(1/2)

CompanyShortDescription

Unicorn

EventDate

TimefromSeriesA(yrs)1

$Funding2#Rounds2#Investors2

Volocopter

(2011,Bruchsal,$726M)

Manufacturerelectriccoptersforurbanmobility

Mar2022

4.6

$374M

7

22

XPENGAEROHT

(2013,Tianhe,$650M)

Providerofsmartelectricaircraft

Oct2021

-

-

0