# Parallel Flight Technologies funding: rounds and investors

> Parallel Flight Technologies has raised $1.0M across 1 round since 2023. Investors include National Science Foundation and StartEngine.

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

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

# 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 summary Updated 26 Oct 2026

**$1.0M** raised across 1 round since 2023, from 1 source

- **Latest round:** Grant, $1.0M Sept 2023
- **Investors:** 2

See who backed them

## The rounds

- **Sept 2023** Grant **$1.0M** [National Science Foundation](https://millionrounds.com/fund/nsf-small-business-innovation-research-small-business-techno) [StartEngine](https://millionrounds.com/fund/startengine) 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.

- May 2023 **$594K** other of $3.7M offered Crowdfunding
- Jun 2022 **$662K** other of $5.0M offered Crowdfunding
- Sept 2020 **$6.5M** of $7.5M offered Regulation A
- Jan 2020 **$1.1M** other of $1.1M offered Crowdfunding

## Founders and team

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

**Dorian West** Co-founder Electric Hydrogen Former Tesla Director of Engineering

- **Craig Stevens** CEO
- **Bobby Hulter** Director of Software + Controls
- **David Adams** Director of Hardware + Systems

## Everyone who backed them

[National Science Foundation](https://millionrounds.com/fund/nsf-small-business-innovation-research-small-business-techno) Government **1** round

[StartEngine](https://millionrounds.com/fund/startengine) Angel network **1** round

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

## 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 2026](https://millionrounds.com/company/mach-industries)[**Castelion** $1.3B · Aug 2026](https://millionrounds.com/company/castelion)[**Neros Technologies** $325M · Aug 2026](https://millionrounds.com/company/neros-technologies)[**Aurelius Systems** $50M · Aug 2026](https://millionrounds.com/company/aurelius-systems)[**SkyPSI** $5.0M · Aug 2026](https://millionrounds.com/company/skypsi)[**Shield AI** $4.0B · Jul 2026](https://millionrounds.com/company/shield-ai)

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