E-Go aeroplanes Secures £950K in Second Financing

Funding Rounds

▤ Summary

Backers included Angel CoFund, Marshall of Cambridge and sixty backers via the crowdfunding platform SyndicateRoom.The company intends to use the funds for development and expansion.Led by Giotto Castelli, co-founder, Director, and Chief Designer, and Malcolm Bird, executive chairman, e-Go aeroplanes is a manufacturer of lightweight carbon fibre aeroplanes.Now, trials and ground testing of continue with first customer deliveries planned for the first quarter of 2015 – at a sales cost of around £50,000 + VAT.Twenty investors backed e-Go aeroplane’s launch in 2011, among them UK aerospace leader Marshall of Cambridge.

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Amount - Total raised
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Date - Announcement date
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Investors SyndicateRoom, Angel CoFund Lead investors
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Company - Funded company

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