Poseidon Aerospace closes $60M Series A led by TQ Ventures ahead of first uncrewed cargo plane test flight.
Amount Raised
$60 Million
Round Type
Series A
Palo AltoTransportationAerospaceInvestors
Description
Poseidon Aerospace, an aerospace logistics startup founded by ex-Amazon and ex-Lockheed Martin engineers, has closed a $60 million Series A funding round led by early-stage VC firm TQ Ventures. The round includes new investments from Hanwha Asset Management, G Squared, and JAWS, alongside existing backers Starship Ventures, Draper Associates, and Drover Ventures. The capital will support the company's mission to build cost-effective autonomous cargo aircraft, with its first uncrewed test flight of the Egret aircraft expected by year-end. Poseidon is taking a pragmatic approach to aerologistics, using conventional combustion engines and fixed-wing design rather than emerging technologies like vertical takeoff or electric powertrains.
Quick answer
Poseidon Aerospace raised $60 Million in a Series A round, dated September 8, 2026. Investors: Drover Ventures, Draper Associates, Starship Ventures, Hanwha Asset Management, G Squared, Jaws and TQ Ventures. Poseidon Aerospace is based in Palo Alto, California, United States.
- How much did Poseidon Aerospace raise?
- Poseidon Aerospace raised $60 Million in a Series A round on September 8, 2026.
- Who invested in Poseidon Aerospace?
- Drover Ventures, Draper Associates, Starship Ventures, Hanwha Asset Management, G Squared, Jaws and TQ Ventures are named as investors in this round.
- What does Poseidon Aerospace do?
- Poseidon Aerospace is developing unmanned cargo aircraft for aerologistics, focusing on cost-effective cargo transportation rather than flashy technology.
- Where is Poseidon Aerospace based and how big is it?
- Poseidon Aerospace is based in Palo Alto, California, United States. Fundz records about 28 employees.
- Who are the decision-makers at Poseidon Aerospace?
- Fundz holds 2 contacts at Poseidon Aerospace, including the Head of People and Talent. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Transportation and Aerospace around the same time
Companies in the same sectors as Poseidon Aerospace that raised within 45 days of this round, from Fundz verified event records.
- LogiXair raised an undisclosed amount (Seed) on October 21, 2026.
- Qifei Aviation Technology (Suzhou) Ltd raised $16M on October 9, 2026.
- The Xtreme Group raised an undisclosed amount on September 22, 2026.
- Stoke Space raised $1B (Series E) on September 8, 2026.
- Dream Chaser Aerospace Technology raised $16M (Series A) on September 3, 2026.
- Infinite Aerospace raised an undisclosed amount (Series A) on August 14, 2026.
Who to call at Poseidon Aerospace, and when
A new round usually means Poseidon Aerospace is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Poseidon Aerospace raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Poseidon Aerospace, from your own LinkedIn network
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What this usually meansPoseidon Aerospace raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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