United States · Funded startup

Who invested in Parallel Flight Technologies

One round we have observed, with the 2 investors 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.

Drones

Funding summaryUpdated 26 Oct 2026

$1.0Mraised across 1 round since 2023, from 1 source

Latest round
Grant, $1.0MSept 2023
Investors
2
See who backed them

The rounds

  1. Sept 2023
    Grant$1.0M

    Source recorded

Funding filed with regulators

Parallel Flight Technologies filed 4 raises, $8.9M in all. Filings say how much was sold and to how many investors; they never name the investors.

  1. May 2023$594Kotherof $3.7M offeredCrowdfunding
  2. Jun 2022$662Kotherof $5.0M offeredCrowdfunding
  3. Sept 2020$6.5Mof $7.5M offeredRegulation A
  4. Jan 2020$1.1Motherof $1.1M offeredCrowdfunding

Founders and team

From Parallel Flight Technologies's own website: 1 founder, 3 on the team.

Dorian WestCo-founder Electric Hydrogen Former Tesla Director of Engineering
  • Craig StevensCEO
  • Bobby HulterDirector of Software + Controls
  • David AdamsDirector of Hardware + Systems

Everyone who backed them

National Science FoundationGovernment1round
StartEngineAngel network1round

Missing a round, or an investor who was in one? Tell us.

Quick answers about Parallel Flight Technologies

Who invested in Parallel Flight Technologies?

Parallel Flight Technologies's investors include National Science Foundation and StartEngine.

How much has Parallel Flight Technologies raised?

Parallel Flight Technologies has raised $1.0M across 1 round since 2023.

When did Parallel Flight Technologies last raise?

Parallel Flight Technologies's most recent round was a Grant of $1.0M in Sept 2023.

What was Parallel Flight Technologies's biggest round?

Its most recent round, $1.0M in Sept 2023, is also its largest on record.

Who backed Parallel Flight Technologies first?

Parallel Flight Technologies's first round on record, in Sept 2023, was backed by National Science Foundation and StartEngine.

What stage is Parallel Flight Technologies at?

Parallel Flight Technologies's latest named round is a Grant, in Sept 2023.

Where is Parallel Flight Technologies based?

Parallel Flight Technologies is based in the United States.

Companies like Parallel Flight Technologies

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

Mach Industries$1.0B · Sept 2026Castelion$1.3B · Aug 2026Neros Technologies$325M · Aug 2026Aurelius Systems$50M · Aug 2026SkyPSI$5.0M · Aug 2026Shield AI$4.0B · Jul 2026

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