Skyryse, a cutting-edge aviation technology company based in El Segundo, California, has recently announced a significant milestone in its journey to transform the future of flight. The company has secured $200 million in a Series B funding round, bringing its total funding to an impressive $250 million to date. This latest round was led by Fidelity Management & Research Company, with participation from Monashee Investment Management, ArrowMark Partners, and Angeles Equity Partners, signaling strong investor confidence in Skyryse's vision.
Skyryse was founded in 2017 by Dr. Mark Groden, who currently serves as the company’s CEO. Groden, an aerospace engineer with a deep passion for making aviation more accessible and safer, co-founded the company with a mission to develop technology that can bring the benefits of flight to more people by simplifying and automating the complexities of piloting aircraft.