Ascendance
Where innovation takes flight
Founded 2018 · $11.7M raised
- Employees
- 51–200
- Founded
- 2018
- Business Model
- B2B
- Website
- ascendance-ft.com
- Total Funding
- $11.7M
- Last Round
- $11.7M Venture RoundSep 2021
- Rounds
- 1
Totals include recorded grants and other qualifying funding, not just equity. What counts toward funding.
About
Ascendance is building Europe's leading hybrid-electric aviation platform for aerospace and defence. Founded in 2018 by former Airbus E-FAN team members, the company develops ATEA, a hybrid-electric VTOL aircraft intended as a more sustainable alternative to helicopters, and STERNA, a hybrid propulsion system offered to other aircraft manufacturers. Ascendance works with aerospace and defence customers to industrialize hybrid-electric propulsion for cleaner aviation, including a partnership with ATR to accelerate hybrid-electric integration.
Summary
Ascendance is a Climate Tech company, founded in 2018. It has raised $11.7M in total across 1 round, most recently a $11.7M Venture Round in Sep 2021. Investors include Kima Ventures and Irdi Capital.
Tech & App Stack
3 technologies & apps tracked
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Funding History
Sep 2021
Investors
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