Eve Air Mobility is building a fully electric vertical take-off and landing (eVTOL) aircraft alongside the software, services, and infrastructure required to operate an urban air mobility network. The company recently achieved the first hover flight of its full-scale engineering prototype at Embraer’s test facility in Brazil, validating fly-by-wire controls and energy-management systems. This milestone kicks off a comprehensive test campaign scheduled through 2026 as Eve works toward aircraft certification and commercial launch. Proceeds from its latest financing will fund further R&D, certification activities, and the scaling of partnerships with infrastructure providers and regulators. Management positions the platform to address global demand for sustainable, low-emission urban transport. Including the new financing, Eve’s cumulative capital base has reached $1.2 billion, placing it among the best-capitalized players in the emerging eVTOL sector.

Total raised

$185M

Funding rounds

3

Latest round

Debt Financing

Latest activity

Jan 2026