News

Apr 4, 2022
Cosmic secures initial VC funding
Cosmic Aerospace announces it has secured initial funding for its mission to accelerate the transition to sustainable aviation. With the close of $1.5 million in pre-seed funding, Cosmic is equipped to refine its airplane design and develop its first electric engine prototype. The round was co-led by Pale Blue Dot, a Swedish venture capital firm investing in climate technology, and 50 Years, a Silicon Valley firm investing in solving the world’s biggest problems. The Cosmic team is thrilled to partner with world-class investors in this first step towards a sustainable future.
