Wright Electric, Inc.
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Overview
Wright Electric, Inc. is building technologies for large commercial airplanes. The company is currently developing their flagship Airplane, the Wright 1, which will be a 186-seat single aisle airliner with an 800 mile range. The company hopes to achieve entry to service for the Wright 1 by 2030 and is working with commercial airlines including easyJet and VivaAerobus. In addition to the newly announced U.S. DOE’s ARPA-E funding, the company is funded by Y Combinator, the Clean Energy Trust and venture funds.
About
Industries
Manufacturing, Aerospace, Air Transportation, Electric Vehicle
Founded
2016
Employees
11-50
Headquarters locations
New York, United States, North America
Social
N/A
Profile Resume
Wright Electric, Inc. headquartered in New York, United States, North America, operates in the Manufacturing, Aerospace, Air Transportation, Electric Vehicle sector. The company focuses on Manufacturing and has secured $103.3M in funding across 128 round(s). With a team of 11-50 employees, Wright Electric, Inc. is actively contributing to advancements in Manufacturing. Their latest funding round, Seed Round - Wright Electric, Inc., raised $Unknown amount. Discover more about their projects, partnerships, and impact on our platform.
Funding Rounds
Funding rounds
9
Investors
9
Lead Investors
0
Total Funding Amount
$807.0K
Details
5
Wright Electric, Inc. has raised a total of $807.0K in funding over 5 rounds.
| Announcement date | Transaction name | Number of Investors | Money raised | Lead Investor |
|---|---|---|---|---|
| 2017 | Seed | 120.0K | ||
| 2019 | Seed | |||
| 2018 | Seed | |||
| 2016 | Seed |
Investors
Wright Electric, Inc. is funded by 24 investors.
| Investor Name | Lead Investor | Funding Round | Partners |
|---|---|---|---|
| Proton Enterprises | - | FUNDING ROUND - Proton Enterprises | undefined |
| Endure Capital | - | FUNDING ROUND - Endure Capital | undefined |
| Ahmed Abdelhamid | - | FUNDING ROUND - Ahmed Abdelhamid | undefined |
| Wright Electric, Inc. | - | FUNDING ROUND - Wright Electric, Inc. | undefined |
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