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Skyfly Technologies secures €8.91 million in Seed funding to develop its two-seat Axe eVTOL and the Longbow for defence. The round was led by HICO Investment Group with participation from Archangel.

PRIVATEOct 21, 2026

Amount Raised

€8.91 Million

Round Type

Seed

ManufacturingAerospace

Investors

ArchangelHICO Investment Group

Description

Skyfly Technologies has successfully closed an €8.91 million ($10 million) Seed round to advance its two-seat Axe eVTOL aircraft. The funding will also support the development of the Longbow for defence purposes. HICO Investment Group spearheaded the investment, joined by Archangel. Founded in 2019, Skyfly focuses on electric and hybrid-electric aircraft for civilian and defence markets.

Quick answer

Skyfly Technologies raised €8.91 Million in a Seed round, dated October 21, 2026. Investors: Archangel and HICO Investment Group.

How much did Skyfly Technologies raise?
Skyfly Technologies raised €8.91 Million in a Seed round on October 21, 2026.
Who invested in Skyfly Technologies?
Archangel and HICO Investment Group are named as investors in this round.
What does Skyfly Technologies do?
Skyfly Technologies is a British developer of electric and hybrid-electric vertical take-off aircraft.

Source: Fundz verified event record.

Who else raised in Aerospace and Manufacturing around the same time

Companies in the same sectors as Skyfly Technologies that raised within 45 days of this round, from Fundz verified event records.

  • SkyDrive & F&E Aircraft Maintenance (Miami) (FEAM Aero) raised an undisclosed amount on November 12, 2026.
  • Northwood Space raised $375M (Series C) on November 2, 2026.
  • Re:Build raised $2.1B on November 2, 2026.
  • Dynamic Aerospace Systems Corp raised $27K (Debt Financing) on October 29, 2026.
  • Drove Aeropower raised an undisclosed amount on October 21, 2026.
  • Reflex Aerospace raised an undisclosed amount on October 20, 2026.

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Company Information

Company

Skyfly Technologies

About

Skyfly Technologies is a British developer of electric and hybrid-electric vertical take-off aircraft. Founded in 2019, it focuses on developing manned and unmanned aircraft for civilian and defense markets. Its flagship product, the Axe, is a two-seat, fully electric aircraft designed for versatile take-off and landing. The Longbow is a hybrid-electric unmanned derivative aimed at defense and government customers.

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