Gilo Industries Group is a Shaftsbury, Dorset, UK-based aerospace technology company led by founder Gilo Cardozo. The company designs, develops and manufactures aerospace products, including foot-launched powered paragliders and ultra-lightweight propulsion systems for innovative aircraft and applications. Gilo describes itself as a technology-led firm with professional aerospace engineering capabilities and experience in aeronautical vehicle and propulsion system design. It received a $30m investment from Kuang‑Chi Group. The company will use the funds to improve and further commercialize its aviation technology, expand its business in the Asia‑Pacific market and establish relationships with global market leaders across multiple industries. The investment and plans were reported by FinSMEs on 18 January 2017.

Total raised

$30M

Funding rounds

1

Latest round

Equity

Latest activity

Jan 2017