Terrafugia Overview
- Year Founded
-
2006

- Status
-
Acquired/Merged
- Employees
-
70

- Latest Deal Type
-
M&A
Terrafugia General Information
Description
Manufacturer of a prototype practical flying car designed to catalyze a revolution in personal mobility. The company's prototype practical flying car TF-X is a combination of a car and an airplane and is an all-electric vehicle with vertical takeoff and landing (VTOL) capabilities with computer-controlled flight, enabling individuals to experience the convenience of driving and the speed of flight in an all-in-one vehicle with autonomous technologies.
Contact Information
Website
www.terrafugia.comCorporate Office
- 23 Rainin Road
- Woburn, MA 01801
- United States
Corporate Office
- 23 Rainin Road
- Woburn, MA 01801
- United States
Terrafugia Valuation & Funding
Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
---|---|---|---|---|---|---|
7. Merger/Acquisition | 05-Jul-2017 | Completed | Generating Revenue | |||
6. Later Stage VC (Series D) | 24-May-2012 | Completed | Generating Revenue | |||
5. Early Stage VC | 23-Dec-2010 | Completed | Startup | |||
4. Early Stage VC (Series B) | 18-May-2010 | Completed | Startup | |||
3. Early Stage VC (Series A) | 11-Nov-2008 | Completed | Startup | |||
2. Debt - General | 04-Jan-2007 | $260K | $290K | Completed | Startup | |
1. Seed Round | 01-May-2006 | $30K | $30K | Completed | Startup |
Terrafugia Patents
Terrafugia Recent Patent Activity
Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
---|---|---|---|---|---|
US-20190047342-A1 | Vertical takeoff and landing transportation system | Inactive | 08-Aug-2017 | ||
US-11067164-B2 | Electronic gear shifter assembly for a dual-mode flying and driving vehicle | Active | 15-Apr-2016 | ||
US-20170299049-A1 | Electronic gear shifter assembly for a dual-mode flying and driving vehicle | Active | 15-Apr-2016 | ||
EP-3442815-A1 | Electronic gear shifter assembly for a dual-mode flying and driving vehicle | Inactive | 15-Apr-2016 | ||
US-10518595-B2 | Combined flying/driving vehicle with vertical takeoff and fixed-wing cruise capabilities | Inactive | 15-Mar-2013 | B60F5/02 |
Terrafugia Signals
Terrafugia Former Investors (15)
Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
---|---|---|---|---|
Aventura VC | Venture Capital | Minority | ||
Bantam Group | Other | Minority | ||
Butch Weaver | Angel (individual) | Minority | ||
Carbon Arrow Capital | Family Office | Minority | ||
DeSimone Group Investments | Family Office | Minority |
Terrafugia FAQs
-
When was Terrafugia founded?
Terrafugia was founded in 2006.
-
Where is Terrafugia headquartered?
Terrafugia is headquartered in Woburn, MA.
-
What is the size of Terrafugia?
Terrafugia has 70 total employees.
-
What industry is Terrafugia in?
Terrafugia’s primary industry is Air.
-
Is Terrafugia a private or public company?
Terrafugia is a Private company.
-
What is Terrafugia’s current revenue?
The current revenue for Terrafugia is
. -
How much funding has Terrafugia raised over time?
Terrafugia has raised $5.8M.
-
Who are Terrafugia’s investors?
Aventura VC, Bantam Group, Butch Weaver, Carbon Arrow Capital, and DeSimone Group Investments are 5 of 15 investors who have invested in Terrafugia.
-
When was Terrafugia acquired?
Terrafugia was acquired on 05-Jul-2017.
-
Who acquired Terrafugia?
Terrafugia was acquired by Geely Automobile Holdings.
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