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TEDCO-Backed Hop Flyt, Inc. Raises $1.5M Series A

HopFlyt, a Maryland startup designing electric vertical takeoff and landing, or eVTOL, aircraft, has raised $1.5 million in Series A funding. So far, the six-year-old startup has raised $1.8 million, including pre-seed funding from Maryland Technology Development Corporation (TEDCO), according to CrunchBase.

Posted March 3, 2023

About TEDCO

TEDCO, the Maryland Technology Development Corporation, enhances economic empowerment growth through the fostering of an inclusive entrepreneurial innovation ecosystem. TEDCO identifies, invests in, and helps grow technology and life science-based companies in Maryland. Learn more at www.tedcomd.com.

Media Contacts

Tammi Thomas, President, TEDCO, tthomas@tedcomd.com

Rachael Kalinyak, Associate Director, Marketing & Communications, TEDCO, rkalinyak@tedcomd.com