AMSL Aero raises $23 million in Series B
Electric aircraft maker AMSL Aero closed a $23 million Series B with St Baker, IP Group, TelstraSuper and Hostplus as it commercialises its Vertiia aircraft, having earlier won a $3 million CRC Program grant.
Government · 1 deal
Every published round CRC Program took part in, and every parcel of existing shares it bought off another holder. Deals we hold but haven't published yet are not counted.
| Company | Stage | Announced | Amount | Role | Alongside | Sources |
|---|---|---|---|---|---|---|
| AMSL Aero | Grant | 2020 | $3m | Participant | Startup Daily, @AuManufacturing |
Companies CRC Program has backed in a published round, and companies whose existing shares it bought off another holder.
| Company | What it does | First invested | Rounds | Led |
|---|---|---|---|---|
| AMSL Aero | 2020, Grant | 1 | 0 |
Fund closes reported for CRC Program, as distinct from the investments it has made.
Companies CRC Program has backed that another company then bought. An exit for the holding, not a deal CRC Program did.
Stories naming CRC Program. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
Electric aircraft maker AMSL Aero closed a $23 million Series B with St Baker, IP Group, TelstraSuper and Hostplus as it commercialises its Vertiia aircraft, having earlier won a $3 million CRC Program grant.
A new composites manufacturing cooperative research centre, SoMAC, has received Commonwealth backing of $69.9 million under round 23 of the CRC Program, alongside partner contributions, with its leadership and bid partners named.