Unmanned Aerial Vehicles
MightyFly Raises $10 Million for Autonomous Hybrid eVTOL Freighter
Autonomous cargo aircraft targets 100-pound payload, 600-mile missions
MightyFly’s Cento aircraft
MightyFly’s Cento aircraft performs an autonomous test flight at New Jerusalem Airport in January 2025.

MightyFly, a California company developing autonomous, hybrid-electric cargo drones, has closed a $10 million funding round, the company announced on February 25. The latest fundraising round, led by investors including Draper Associates, At One Ventures, and 500 Global, brings MightyFly’s total capital raised to $15 million.

The fresh capital will support the development and testing of MightyFly’s flagship Cento aircraft, a hybrid-electric VTOL model designed to transport 100 pounds of cargo up to 600 miles at a cruise speed of 150 mph. 

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