# Aviation investors (2026 list)

> 123 aviation investors, 93% active in the last 12 months. Led by Andreessen Horowitz, Alumni Ventures, General Catalyst. Ranked by what they funded.

Source: https://millionrounds.com/lists/aviation-investors (Millionrounds; every figure on the page links to its filing or article)

[Investor Lists](https://millionrounds.com/lists)

# Aviation investors

Updated 7 November 2026

Firms observed backing an aviation company in the last two years, taken from what they funded rather than from what their website says they like.

[See all 123 *→*](https://millionrounds.com/login?join=1&next=%2Fapp%2Finvestor-lists%2Faviation-investors)The top 25

**123** investors on the list *+4* this week

**2,331** cheques in 12 months *+8%* against the market

**$26M** median round they joined *+219%* against the market median

**93%** wrote a cheque in 12 months

**54%** have led a round

## The Top 25

Ordered by cheques observed, never by anything anyone paid for

Deploying now (25)

- 1 [Andreessen Horowitz](https://millionrounds.com/fund/andreessen-horowitz) *Deploying now* VC firm · United States **1,661** **$27M** median round **Nov 2026** last seen
- 2 [Alumni Ventures](https://millionrounds.com/fund/us-strategic-tech-fund-an-alumni-ventures-fund) *Deploying now* VC firm · United States **1,598** **$12M** median round **Nov 2026** last seen
- 3 [General Catalyst](https://millionrounds.com/fund/general-catalyst) *Deploying now* VC firm · United States **1,387** **$27M** median round **Nov 2026** last seen
- 4 [Khosla Ventures](https://millionrounds.com/fund/khosla-ventures) *Deploying now* VC firm · United States **1,128** **$26M** median round **Nov 2026** last seen
- 5 [Founders Fund](https://millionrounds.com/fund/founders-fund) *Deploying now* VC firm · United States **1,122** **$15M** median round **Oct 2026** last seen
- 6 [Canaan](https://millionrounds.com/fund/canaan-partners) *Deploying now* VC firm · United States **610** **$20M** median round **Oct 2026** last seen
- 7 [SVB Capital](https://millionrounds.com/fund/svb-capital) *Deploying now* VC firm · United States **564** **$20M** median round **Oct 2026** last seen
- 8 [Venrock](https://millionrounds.com/fund/venrock) *Deploying now* VC firm · United States **560** **$36M** median round **Oct 2026** last seen
- 9 [Spark Capital](https://millionrounds.com/fund/spark-capital) *Deploying now* VC firm · United States **471** **$40M** median round **Oct 2026** last seen
- 10 [Draper Associates](https://millionrounds.com/fund/draper-associates) *Deploying now* VC firm · United States **370** **$6M** median round **Nov 2026** last seen
- 11 [Fidelity](https://millionrounds.com/fund/fidelity) *Deploying now* VC firm · United States **360** **$119M** median round **Nov 2026** last seen
- 12 [ff Venture Capital](https://millionrounds.com/fund/ff-venture-capital) *Deploying now* VC firm · United States **337** **$3.1M** median round **Nov 2026** last seen
- 13 [Wellington Management](https://millionrounds.com/fund/wellington-management) *Deploying now* VC firm · United States **297** **$130M** median round **Oct 2026** last seen
- 14 [BlackRock](https://millionrounds.com/fund/blackrock) *Deploying now* Asset manager · United States **296** **$130M** median round **Nov 2026** last seen
- 15 [Craft Ventures](https://millionrounds.com/fund/craft-ventures) *Deploying now* VC firm · United States **283** **$14M** median round **Oct 2026** last seen
- 16 [In-Q-Tel](https://millionrounds.com/fund/iqt) *Deploying now* Accelerator · United States **273** **$20M** median round **Nov 2026** last seen
- 17 [LD Capital](https://millionrounds.com/fund/xie) *Deploying now* VC firm · China **271** **$4.7M** median round **Aug 2026** last seen
- 18 [Startup Wise Guys](https://millionrounds.com/fund/startup-wise-guys) *Deploying now* Accelerator · Estonia **237** **$551K** median round **Sept 2026** last seen
- 19 [Boost VC](https://millionrounds.com/fund/boost-vc) *Deploying now* VC firm · United States **194** **$2.5M** median round **Sept 2026** last seen
- 20 [IP Group](https://millionrounds.com/fund/ip-group) *Deploying now* VC firm · United Kingdom **174** **$9.1M** median round **Oct 2026** last seen
- 21 [Meritech Capital Partners](https://millionrounds.com/fund/meritech-capital-partners) *Deploying now* VC firm · United States **174** **$92M** median round **Oct 2026** last seen
- 22 [Bling Capital](https://millionrounds.com/fund/bling-capital) *Deploying now* VC firm · United States **163** **$9.5M** median round **Oct 2026** last seen
- 23 [Kaszek Ventures](https://millionrounds.com/fund/kaszek) *Deploying now* VC firm · Brazil **155** **$20M** median round **Oct 2026** last seen
- 24 [Flex Capital](https://millionrounds.com/fund/flex-capital) *Deploying now* VC firm · United States **145** **$7M** median round **Aug 2026** last seen
- 25 [Naval Ravikant](https://millionrounds.com/fund/naval-ravikant) *Deploying now* VC firm · United States **145** **$6M** median round **Jun 2026** last seen

**98 more on this list**

All 123 are in the app, with filters for stage, sector and market. A free account shows 10 per search, Pro up to 1,000.

[See the whole list *→*](https://millionrounds.com/login?join=1&next=%2Fapp%2Finvestor-lists%2Faviation-investors)

## The Newest Cheques

Rounds this list's investors joined most recently

- **6** Nov **[Humble Robotics](https://millionrounds.com/company/humble-robotics)** Series A · $51M *With* [Eclipse](https://millionrounds.com/fund/eclipse)
- **6** Nov **[Ocient](https://millionrounds.com/company/ocient)** Series C · $100M *With* [In-Q-Tel](https://millionrounds.com/fund/iqt)
- **6** Nov **[Harbinger](https://millionrounds.com/company/harbinger)** Series D+ · $240M *With* [Fidelity](https://millionrounds.com/fund/fidelity)
- **5** Nov **[i14](https://millionrounds.com/company/i14)** Seed · $6.3M *With* [Virescent Ventures](https://millionrounds.com/fund/virescent-ventures)
- **5** Nov **[Breeze Airways](https://millionrounds.com/company/breeze-airways)** Debt · $228M *Led by* [AIP Capital](https://millionrounds.com/fund/aip-capital)
- **5** Nov **[firmly](https://millionrounds.com/company/firmly)** Series A · $15M *With* [Alumni Ventures](https://millionrounds.com/fund/us-strategic-tech-fund-an-alumni-ventures-fund)

## Stages This Year

1,796 rounds

- Series A **18%**
- Seed **16%**
- Venture **15%**
- Series B **11%**
- Series C **7%**
- Other **32%**

## What They Backed

Sectors, last 12 months

- AI **782**
- Biotech **145**
- Fintech **130**
- Healthcare **111**
- Big Data & Analytics **100**
- Energy **86**

## Cheques by Quarter

Led Joined

519 Q1 25

561 Q2 25

604 Q3 25

683 Q4 25

697 Q1 26

627 Q2 26

550 Q3 26

196 Q4 26

The last bar is the quarter still running.

## Lists Like This

- [AI investors 7,040](https://millionrounds.com/lists/ai-investors)
- [Fintech investors 2,997](https://millionrounds.com/lists/fintech-investors)
- [Big Data & Analytics investors 1,954](https://millionrounds.com/lists/big-data-investors)
- [Biotech investors 1,901](https://millionrounds.com/lists/biotech-investors)
- [Robotics investors 1,714](https://millionrounds.com/lists/robotics-investors)
- [Energy investors 1,707](https://millionrounds.com/lists/energy-investors)
- [Construction investors 1,609](https://millionrounds.com/lists/construction-investors)
- [Manufacturing investors 1,385](https://millionrounds.com/lists/manufacturing-investors)
- [Cybersecurity investors 1,380](https://millionrounds.com/lists/cybersecurity-investors)

[All investor lists *→*](https://millionrounds.com/lists)

## Quick answers about aviation investors

### Who are the most active aviation investors?

By cheques observed, the most active are Andreessen Horowitz, Alumni Ventures, General Catalyst, Khosla Ventures and Founders Fund.

### How many aviation investors are there?

123 are on record. 93% made an investment in the last 12 months and 54% have led a round.

### Which stages do aviation investors back?

Of the rounds with a named stage in the last 12 months, mostly Series A (25%) and Seed (22%).

### How big are the rounds aviation investors join?

The typical (median) round among the leading investors here is $20M.

### Which sectors do aviation investors back most?

In the last 12 months, mostly AI, Biotech and Fintech.

### Which aviation investors lead the most rounds?

Andreessen Horowitz (114 led), General Catalyst (97 led) and Khosla Ventures (57 led).

### Where are aviation investors based?

Most of the leading investors here are based in the United States (21 of the top 25); the rest in China and Estonia.

### What have aviation investors invested in recently?

Recent rounds include Humble Robotics (Series A, Nov 2026, with Eclipse), Ocient (Series C, Nov 2026, with In-Q-Tel) and Harbinger (Series D+, Nov 2026, with Fidelity).

Built from the rounds we watched, refreshed every night. [How we count](https://millionrounds.com/methodology) · [Report a correction](https://millionrounds.com/corrections)