What is Archer?
Archer Aviation is a pioneering aerospace firm dedicated to the design and development of electric vertical takeoff and landing (eVTOL) aircraft. By focusing on all-electric propulsion systems, the company aims to provide a quiet, sustainable, and efficient alternative to traditional ground-based transportation. Archer's market position is defined by its commitment to safety and regulatory compliance, working closely with aviation authorities to bring air taxi services to suburban and urban landscapes. The company's technological approach integrates advanced battery systems and aerodynamic efficiency to facilitate rapid, short-distance travel, effectively positioning itself as a key player in the emerging ecosystem of sustainable urban air mobility.
How much funding has Archer raised?
Archer has raised a total of $2.5B across 8 funding rounds:
Other Financing Round
$215M
Other Financing Round
$65M
Multiple Rounds
$1.1B
Other Financing Round
$300M
Other Financing Round
$850M
Other Financing Round (2023): $215M with participation from Boeing, ARK Investment Management, and Stellantis
Other Financing Round (2023): $65M led by Synovus Financial
Other Financing Round (2024): $55M supported by Stellantis
Unspecified (2024): $370M featuring Stellantis
Other Financing Round (2024): $220M backed by United Airlines
Other Financing Round (2024): $430M with participation from United Airlines, Stellantis, and 2pointzero Ventures
Other Financing Round (2025): $300M led by BlackRock
Other Financing Round (2025): $850M, investors not publicly disclosed
Key Investors in Archer
Stellantis
Stellantis N.V. is a multinational automotive manufacturing corporation formed by the merger of Groupe PSA and Fiat Chrysler Automobiles, providing deep industrial expertise to the aerospace sector.
United Airlines
United Airlines is a major global carrier with an extensive route network, providing strategic operational insights and market access for Archer's future air taxi services.
BlackRock
BlackRock is a premier global asset management firm that provides institutional-grade financial support and risk management expertise to high-growth technology companies.
What's next for Archer?
Looking ahead, Archer Aviation is entering a pivotal phase of its lifecycle, shifting focus from intensive research and development toward the rigorous demands of commercial deployment. The strategic backing received will be instrumental in finalizing the certification of its aircraft, a prerequisite for launching commercial operations. Furthermore, the company is expected to prioritize the expansion of its manufacturing infrastructure to meet anticipated demand for its air taxi services. As Archer moves closer to operational readiness, the focus will likely shift toward establishing strategic partnerships with infrastructure providers and urban planners to integrate its eVTOL network into existing metropolitan transit frameworks, ultimately aiming to establish a scalable and reliable model for the future of aerial commuting.
See full Archer company page