Seed · Mobility
AERLIN closes seed round with eFUEL GROUP and IBB Ventures
New shareholders back the Berlin aircraft developer, and Holger G. Weiss becomes advisory-board chair.
Financing and operating context
eFUEL GROUP, IBB Ventures, private investors and Business Angel Club Berlin-Brandenburg members joined the financing. Financial terms were undisclosed.
AERLIN describes eFUEL GROUP as its lead investor and a strategic partner for synthetic and sustainable aviation fuels. The relationship connects aircraft development with alternative-fuel expertise as the company moves beyond its flying demonstrator toward a passenger-carrying prototype.
Use of funds
Advance development of its first series product and build a prototype of a two-seat ultralight aircraft
Funding history
Seed · This roundUndisclosed