Fundraising Fox

Ampaire

Techstars '18

Los Angeles, US · Founded 2016 · California corporation · 27 employees on LinkedIn · 6 known investors

Ampaire develops hybrid-electric propulsion systems for aircraft, with the AmpDrive technology deployed across multiple aircraft types to reduce fuel consumption, maintenance costs, and noise emissions. The company targets the aviation industry with technology designed for scaling from current hybrid-electric operations to future mass-market electric aircraft.

Founders & leadership

Ampaire was founded in 2016 by Kevin Noertker and Cory Combs.

KN
Kevin NoertkerCo-founder
CC
Cory CombsCo-founder
RB
Ryan BiltonNamed on SEC filing

Investors · 6

Reported raises · per SEC filings

Form D private placements

$2.6M disclosed across 1 round · 2018

$2.6MraisedAug 2018 · 28 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Kevin NoertkerExecutive Officer, Director
  • Cory CombsExecutive Officer, Director
  • Ryan BiltonExecutive Officer, Director
Offering amount
$2.6M
Amount sold
$2.6M
First sale
Jul 2018
Incorporated
Corporation, California, 2016
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

Founder mafia

2 people who came through Ampaire went on to found or lead other companies.

Competitors · 2

by search overlap

Companies competing with Ampaire for the same Google search keywords, organic and paid, via search-intersection analysis.

Non-dilutive funding · 4 SBIR/STTR awards

Federal grants — no equity taken
AgencyPhaseYearAmount
U.S. Air ForceAir ForcePhase II2023$1.2M
NASAPhase II2023$845.9K
NASAPhase I2023$150K
U.S. Air ForceAir ForcePhase I2019$75K

Source: SBIR.gov award data (U.S. Small Business Administration). SBIR/STTR awards are competitive federal R&D grants and contracts — non-dilutive capital alongside any venture rounds above.

Acquisitions · 1

Early investors' stakes continue via these deals
Talyn Air

Talyn develops unmanned, battery-electric cargo aircraft that take off and land without runways using a two-vehicle system for regional cargo transport. The company is building aircraft capable of carrying 1000-lb payloads over 300 miles at 200+ mph.

In the news

Frequently asked questions

What does Ampaire do?
Ampaire develops hybrid-electric propulsion systems for aircraft, with the AmpDrive technology deployed across multiple aircraft types to reduce fuel consumption, maintenance costs, and noise emissions. The company targets the aviation industry with technology designed for scaling from current hybrid-electric operations to future mass-market electric aircraft.
Who founded Ampaire?
Ampaire was founded by Kevin Noertker, Cory Combs in 2016.
Who are Ampaire's investors?
Ampaire's investors include 1955 Capital, Autodesk Foundation, Hemisphere Ventures LLC, Launch Alaska Investment Fund, Techstars, Massive.
How much funding has Ampaire raised?
Ampaire has disclosed $2.6M raised across 1 round.
Where is Ampaire headquartered?
Ampaire is headquartered in Los Angeles, US.