MENLO TIMES

Poseidon Aerospace, a startup focused on developing and operating unmanned cargo aircraft, led by Parker Tenney, David Zagaynov, and the team, has announced the close of an oversubscribed $60 million Series A financing. The round was led by TQ Ventures, with participation from JAWS, G Squared, Hanwha Asset Management USA, Starship Ventures, Drover Ventures, Draper Associates, and other investors. Poseidon Aerospace is developing unmanned cargo aircraft for regional commerci

REGENT Craft, the developer and manufacturer of Seaglider™ vessels, led by Billy Thalheimer and Mike Klinker, has raised $240 million, an equal mix of equity and debt, in a Series B funding round co-led by Mare Liberum and AE Ventures, with debt capital provided by Erebor Bank, marking a major milestone in REGENT's growth as it transitions from early-stage development toward full-scale manufacturing. The funding comes as REGENT approaches several major milestones, including

Heart Aerospace, developing hybrid-electric airliners to bring commercial aviation into the electric era, led by Anders Forslund and Klara Forslund, announced the successful first flight of the company’s X1 demonstrator aircraft. Spanning 106 feet, measuring 76 feet nose to tail, and weighing more than 25,000 pounds at takeoff, X1 is the largest battery-electric aircraft ever flown. Heart’s X1 completed its first piloted flight on August 12, 2026, at the company’s flight-test

Greenjets, powering the Future of Flight, led by Anmol Manohar and Guido Monterzino, has raised a $40 million Series A funding round led by Blossom Capital, with participation from the NATO Innovation Fund (NIF), the National Security Strategic Investment Fund (NSSIF), and existing investors including Tanglin Ventures, NSFO Family Office, and others.  The raise marks a major milestone as Greenjets accelerates the development, production, and deployment of the foundational tec

Venus Aerospace, revolutionizing rocket engine propulsion, led by Sassie Duggleby, Andrew Duggleby, PhD, PE, and the team, has announced the close of a $91 million Series B financing led by Mercury Fund, a Houston-based venture capital firm, with participation from Lockheed Martin Ventures, MESH, PEAK6, Draper Associates, Starboard Star Venture Capital, Green Sands Equity, Seraph Group, Trousdale Ventures, and other new and existing strategic and institutional investors. The

Reflex Aerospace , manufacturer of high-performance satellite platforms, led by Walter Ballheimer, Alexander Genzel, Felix Motzki, Dennis Moore, Cecile Schirmer, and Henrik Rutzky, has raised €50 million Series A funding led by Human Element together with Alpine Space Ventures , Bayern Kapital , and HTGF , as well as additional German and European investors. The round will accelerate the build and deployment of sovereign satellite constellations across Optical, SAR, SDA, a

Destinus Group BV, a European leader in autonomous flight systems, led by Mikhail Kokorich, Tim Moser, Wouter Van Beek, and others, has...

Led by former SpaceX Engineers Jordan Black(CEO & Co-Founder) and Benjamin Shanahan(CTO & Co-Founder), Senra Systems secures $25 Million...