# Advanced Aircraft Company funding: rounds and investors

> Advanced Aircraft Company has raised $500K across 1 round since 2024. Investors include Virginia Innovation Partnership Corporation.

Source: https://millionrounds.com/company/advanced-aircraft-company (Millionrounds; every figure on the page links to its filing or article)

United States · [Venture startup](https://millionrounds.com/companies)

# Who invested in *Advanced Aircraft Company*

One round we have observed, with the one investor named in it. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Aerospace & Space

Funding summary Updated 26 Oct 2026

**$500K** raised across 1 round since 2024, from 1 source

- **Latest round:** Venture, $500K Jun 2024
- **Investors:** 1

See who backed them

## The rounds

- **Jun 2024** Venture **$500K** [Virginia Innovation Partnership Corporation](https://millionrounds.com/fund/virginia-innovation-partnership-corporation) Source recorded SEC filing: $500K sold, first sale Feb 2024

## Founders and team

From Advanced Aircraft Company's own website and the SEC filings it signed: 2 founders, 1 on the team.

**Aaron Frank** CEO & Co-Founder *Named on its 2024 Form D*

**Bill Fredericks** CTO, Chairman, & Co-Founder

- **William Fredericks** Executive Officer, Director i

Advisers *Darcy Davidson* *Matt Redfern* *Michael D. Folgate* *Rob McDonald* *Thad Marshall* *Paul Allen*

## Everyone who backed them

[Virginia Innovation Partnership Corporation](https://millionrounds.com/fund/virginia-innovation-partnership-corporation) VC firm **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=advanced-aircraft-company).

## Quick answers about Advanced Aircraft Company

### Who invested in Advanced Aircraft Company?

Advanced Aircraft Company's investors include Virginia Innovation Partnership Corporation.

### How much has Advanced Aircraft Company raised?

Advanced Aircraft Company has raised $500K across 1 round since 2024.

### When did Advanced Aircraft Company last raise?

Advanced Aircraft Company's most recent round was a Venture of $500K in Jun 2024.

### What was Advanced Aircraft Company's biggest round?

Its most recent round, $500K in Jun 2024, is also its largest on record.

### Who backed Advanced Aircraft Company first?

Advanced Aircraft Company's first round on record, in Jun 2024, was backed by Virginia Innovation Partnership Corporation.

### What stage is Advanced Aircraft Company at?

Advanced Aircraft Company's latest named round is a Venture, in Jun 2024.

### Where is Advanced Aircraft Company based?

Advanced Aircraft Company is based in the United States.

## Companies like Advanced Aircraft Company

In the same sector, and raised in the last eighteen months.

[**SpaceX** $42B · Oct 2026](https://millionrounds.com/company/spacex)[**Apex** $1.1B · Oct 2026](https://millionrounds.com/company/apex)[**Xona** $512M · Oct 2026](https://millionrounds.com/company/xona)[**Jeevy Fabrication** Oct 2026](https://millionrounds.com/company/jeevy-fabrication)[**Varda Space Industries** $438M · Oct 2026](https://millionrounds.com/company/varda-space-industries)[**Kapta Space** $29M · Oct 2026](https://millionrounds.com/company/kapta-space)

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