Funding round
Skyryse Series B
Skyryse, which works in aviation technology development in El Segundo, raised $200M in a Series B round announced on 27 Oct 2021, led by Fidelity Management & Research Company and Monashee Investment Management, at a $650M post-money valuation. 14 firms took part. It is Skyryse's first venture round on record.
$200M
Amount raised
$650M
Post-money valuation
14
Investors
2 leads
31%
Stake sold
new money over the post-money
Valuation
What this round says about the price
This round priced Skyryse at $650M after the new money. The $200M bought investors about 31% of the company. It is Skyryse's first venture round on record, 5 years after it was founded in 2016. It is 40% of the $500M Skyryse has raised in the venture rounds on record. Skyryse raised again 52 months later: a Series C round of $300M in Feb 2026, at $1.15B post-money.
Skyryse's funding rounds
Skyryse has 2 venture rounds on record. This one is highlighted.
- Series B this round 27 Oct 2021, led by Fidelity Management & Research Company and Monashee Investment Management $200M$650M post-money
- Series C 3 Feb 2026, led by Autopilot and Fidelity Management & Research Company $300M$1.15B post-money
Investors
Who put money in
Fidelity Management & Research Company and Monashee Investment Management led the round with 12 other firms.
Lead investors
- Fidelity Management & Research Company new investor
- Monashee Investment Management new investor
Also in the round
- ArrowMark Partners new investor
- Republic Capital new investor
- backs 42 venture-backed companies new investor
- backs 15 venture-backed companies new investor
- backs 6 venture-backed companies new investor
- backs 6 venture-backed companies new investor
- backs 26 venture-backed companies new investor
- backs 20 venture-backed companies new investor
- SV Pacific Ventures new investor
- Venrock backs 93 venture-backed companies new investor
- Eclipse backs 79 venture-backed companies new investor
- backs 32 venture-backed companies new investor
Use of proceeds
What the money is for
According to the announcement, the money goes to product development, scaling operations and working capital.
- Product development
- Scaling operations
- Working capital
Comparable rounds
How it compares
5 Series B rounds in Aircraft Parts & Services within a year either side disclosed an amount; the median was $40M, and this round was 5.0 times the median. The closest in time, other companies' Series B rounds in Aircraft Parts & Services:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Aircraft Parts & Services | 19 Oct 2021 | $26M | not disclosed | Mirai Creation Fund |
| Hermeus Aircraft Parts & Services | 10 Mar 2022 | $100M | not disclosed | Sam Altman |
| Aircraft Parts & Services | 15 Apr 2021 | $40M | $400M | Blackhorn Ventures |
| Aircraft Parts & Services | 20 Jul 2022 | $68M | not disclosed | not named |
| Aircraft Parts & Services | 1 Jul 2022 | $7.7M | not disclosed | not named |
Sources
Where this comes from
Reported by 5 sources.
Questions
Frequently asked
How much did Skyryse raise in its Series B round?
Skyryse raised $200M in its Series B round, announced in Oct 2021.
Who led Skyryse's Series B round?
Fidelity Management & Research Company and Monashee Investment Management led it, with ArrowMark Partners, Republic Capital, Raptor Group, Infinite Capital and Embedded Ventures and 7 more.
What was Skyryse's valuation at the Series B round?
$650M post-money.
How does it compare with other Series B rounds in Aircraft Parts & Services?
5 Series B rounds in Aircraft Parts & Services within a year either side disclosed an amount; the median was $40M, and this round was 5.0 times the median.
Did Skyryse raise again after this round?
Yes: a Series C round in Feb 2026 of $300M at $1.15B post-money.