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Terrafugia

Description

Developer 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.

2006

Founded

M&A

Status

11-50

Employees

M&A

Latest Deal Type

$6.06M

Total Amount Raised

Description

Developer 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.

Website:

www.terrafugia.com

Ownership Status

Acquired/Merged (Operating Subsidiary)

Financing Status

Formerly VC-Backed

Primary Industry

Air

Other Industries

Automotive

Primary Office

23 Rainin Road Woburn, MA 01801United States +1 (781) 491-0812
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Terrafugia Valuation and Funding

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Deal TypeDateAmountRaised to DatePost-ValStatusStage

Terrafugia Executive Team (12)

NameTitleBoard
Seat
Contact
Info
Carl Dietrich Ph.DCo-Founder, Chief Executive Officer and Chief Technology Officer
Kevin ColburnChief Operating Officer & Vice President, Engineering
Frank KlausConsultant
Virginia ProvostController
Andrew HeafitzChief Engineer
Carl Dietrich Ph.D Co-Founder, Chief Executive Officer and Chief Technology Officer
Kevin Colburn Chief Operating Officer & Vice President, Engineering
Frank Klaus Consultant
Virginia Provost Controller
Andrew Heafitz Chief Engineer

Terrafugia Board Members (4)

NameRepresentingRoleSinceContact
Info
Alex MinTerrafugiaCo-Founder & Board Member000 0000
Butch WeaverSelfBoard Member000 0000
Koen BouwersSelfBoard Member000 0000
Larry WilliamsSelfBoard Member000 0000
Alex Min Co-Founder & Board Member Terrafugia
Butch Weaver Board Member Self
Koen Bouwers Board Member Self
Larry Williams Board Member Self
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