💰The Funding Letter #1654: April 22

Electra.aero, Field Medical, Brellium, and more...

April 22, 2025

Good Morning! This exclusive edition of The Funding Letter comes to you from our headquarters in New York City. 🔥New Sales Gigs from Hammerspace & Blue Onion Labs below!

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🌎 Americas

Electra.aero manufactures hybrid-electric aircraft that are equipped with pilot assistance systems, powered-lift, distributed electric propulsion, and on-demand service, enabling users to access safe, clean, quiet, convenient, and affordable transportation. View on: LinkedIn.com | Sales Navigator.

New Funding Raised: $115M, Series B

Round Investors: Prysm Capital (lead), Statkraft Ventures, Honeywell, Safran

🚀Growth Focus:  Support to enter the pre-production and certification phase of the EL9, its Ultra Short aircraft, which can take off and land in 150 feet.

HQ: Falls Church, VA

Industry: Aviation and Aerospace

Employee Count: 63 (⚡54% increase in last 6 months)

Field Medical has developed pulsed electric technology using microbursts of energy to disrupt heart cells via catheter, enhancing cardiac ablation treatments by improving efficacy and reducing side effects. View on: LinkedIn.com | Sales Navigator.

New Funding Raised: $40M, Series A

Round Investors: [Not Disclosed]

🚀Growth Focus: Support the completion of two pilot studies – VCAS for VT and Field PULSE for atrial fibrillation.

HQ: Cardiff-by-the-Sea, CA

Industry: Medical Equipment Manufacturing

Employee Count: 405

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