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Venture Capital
advectioncap.com

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Investments

4

About Advection Growth Capital

Advection Growth Capital is a merchant bank focused on investing in and advising high-growth companies.

Advection Growth Capital Headquarter Location

116 E 63rd St

New York, New York, 10065,

United States

(917) 265-8076

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Latest Advection Growth Capital News

Skydweller Aero Raises $40M in Series A Funding

Sep 12, 2021

The round was led by Leonardo S.p.A, Marlinspike Capital, and Advection Growth Capital. The company intends to use the funds to accelerate the development and maturation of its autonomous systems technology, to be applied during flight testing for current and prospective customers, begin designing and manufacturing air vehicles and complete its information and intelligence collection service offerings. Led by CEO Dr. Robert Miller, Skydweller is an aerospace company developing solar powered aircraft for defense and commercial industries. With a flexible payload system, including communications relay, 4G/5G cellular, day/night full motion video, satellite communication, imaging radar, and more, the company will enhance commercial and government telecommunication, geospatial, meteorological, and emergency operation efforts around the world, allowing customers to operate persistently in more challenging areas for longer durations, while reducing environmental impact. The company recently announced its first public contract award with the U.S. Navy’s Naval Air Systems Comment (NAVAIR) for over $5m to demonstrate the capabilities and performance of their zero-carbon emission solution for long endurance flight. This round also marks a critical partnership with Palantir Technologies, a publicly traded U.S. company that builds enterprise data platforms for use by organizations with complex and sensitive data environments. Skydweller will use Palantir’s Foundry platform, which provides analytics tools to process information at scale and on the edge, to combine vast amounts of complex data. FinSMEs

Advection Growth Capital Investments

4 Investments

Advection Growth Capital has made 4 investments. Their latest investment was in Skydweller Aero as part of their Series A - II on September 9, 2021.

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Advection Growth Capital Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

9/9/2021

Series A - II

Skydweller Aero

$8M

Yes

Leonardo, and Marlinspike Capital

1

8/26/2021

Series B - II

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$99M

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10

5/28/2020

Series A

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$99M

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10

10/9/2018

Seed VC - II

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$99M

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10

Date

9/9/2021

8/26/2021

5/28/2020

10/9/2018

Round

Series A - II

Series B - II

Series A

Seed VC - II

Company

Skydweller Aero

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Amount

$8M

$99M

$99M

$99M

New?

Yes

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Co-Investors

Leonardo, and Marlinspike Capital

Sources

1

10

10

10

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