Team Global led a $100m Series A round in AutoFlight.

Financials

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Transaction Value£74m

Consideration TypeCash

Capital Owned-

Capital Bid For-

EV/Sales-

EV/EBITDA-

Share Price Premium-

One Off Charge-

target

AUTOFLIGHT

bidder

Team Global

Sources

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Press Release

AutoFlight - 22 Nov 2021

Tags

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Private Equity

Aerospace

Friendly

Minority

Venture Capital

Single Bidder

Acquisition

China

electric vertical take-off and landing

Cross Border

Private

Completed

Synopsis

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Team Global led a $100m Series A round in AutoFlight, a global electric vertical take-off and landing startup. The capital from the financing will be used for international expansion as well as scaling cargo eVTOL production for customers.