FlyWorks
PrivateLast Round
Grant
Jul 10, 2023
Total Funding Raised
$1.85M
Company Overview
FlyWorks is an aerospace company that has developed a patented hybrid propulsion technology for multi-rotor drones, combining a petrol engine for endurance with an electric drive system for maneuverability.
Sector
Frontier & Industrial Tech
Verticals
Drones & UAVs, Aviation & Drones, Defense Tech
Business Model
B2B
Customer Profile
Hardware Sales, Services & Consulting
AI Layer
Non-AI
Keywords
Historical Pricing
Historical view of private secondary pricing and transaction trends.
FlyWorks Comps
Public and private peers based on sector, stage, and business model.
| Company | Status | Est. Valuation | Rev Multiple |
|---|---|---|---|
| OpenAI | Private | $86.0B | ~40x |
| Cohere | Private | $5.0B | -- |
| Competitor 1 | Public | $XX.XB | XXx |
| Competitor 2 | Public | $XX.XB | XXx |
FlyWorks Funding Rounds
Historical fundraising activity
| Round | Date | Amount Raised | Valuation | Investors | Sources |
|---|---|---|---|---|---|
| Grant | Jul 10, 2023 | ||||
| Grant | Jun 14, 2022 | ||||
| Accelerator | Jul 27, 2020 | ||||
| Accelerator | Jul 1, 2019 | ||||
| Grant | May 1, 2018 | ||||
Grant | Jan 1, 2017 |
Key People
Founding team and executive leadership
FlyWorks Investors
Notable investors and investment history
| Investor | Rounds |
|---|---|
| OpImpact | Accelerator |
| Incubit Technology Ventures | Accelerator |
| Israel Innovation Authority | Grant |
| Israel Innovation Authority | Grant |
| BIRD Foundation | Grant |
| MassChallenge | Accelerator |
FlyWorks Filings
SEC and related filings with document metadata.
| Typed | Date | Amount Offered | Amount Sold | Filling | Pages | Download |
|---|---|---|---|---|---|---|
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Frequently Asked Questions
Common questions about FlyWorks's valuation, stock price, and market status.