Terrafugia company logo
First practical flying car -- a new dimension of personal freedom11-50 Employees
  • B2C
  • Growth Stage
    Expanding market presence
Website
Location
  • Woburn
Company size
11-50 people
Total raised
$9.5M
Company type
Startup
Markets
AutomotiveTransportationAerospacePublic Transportation
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Terrafugia careers

First practical flying car -- a new dimension of personal freedom
Terrafugia is strategically reducing the risk associated with investing in flying cars.

Our first product, the Terrafugia Transition, makes personal aviation accessible and useful to a much larger fraction of the population and grows the flying car niche as quickly as possible -- establishing Terrafugia as the clear brand and thought leader.

The eventual goal is TF-X, an electric, vertical takeoff and landing, computer controlled vehicle capable of safely transporting an operator with less than 5 hours of training at speeds of over 200 mph -- disrupting the trillion dollar personal transportation space.

Terrafugia is involved with the writing of international standards that will be used as certification bases for this type of vehicle all around the world.

We will be the logical acquisition target for the big guys.
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Avatar for Alex Min
Director, International Military Business Development at Bell Helicopter
Carl Dietrich
Avatar for Carl Dietrich
CEO/CTO at @Terrafugia
Total raised

$9.5M

Funded over

12 rounds

Latest round

Acquired (Nov 2017)

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