Skip to content

Skyfly Technologies raised €8.91 million (about $9.99 million) in a seed round led by HICO Investment Group, announced Oct. 21.

Facts

Amount
€8.91 million (about $9.99 million)
Currency
EUR
Stage
Seed
Announced
Oct 21, 2026
FX rate
1 EUR = 1.1215 USD on Oct 20, 2026

Investors

Participants
Archangel

Use of funds

Capital will be used for FAA Light Sport Aircraft certification of the Axe, scaling manufacturing capacity, and accelerating development of the Longbow unmanned system.

As stated by the company.

Sources

  1. 1.Britain’s Skyfly raises €8.91 million to bring its two-seat Axe eVTOL to market and develop Longbow for defence — EU-Startups, Oct 21, 2026

Public sources — Collected from public sources, not yet cross-checked.Last verified Oct 21, 2026