Startup News: Boom Supersonic and Hermeus race to build High-Speed jets
Two private companies have made strides recently in their efforts to develop commercial jets that travel faster than the speed of sound.
hermeus.comIndustrial / Aerospace & DefenseFounded: 2018Funding to Date: $163.34MM
Hermeus is an aerospace startup building high-speed jets. With a mission to accelerate air travel, Hermeus aims to create hypersonic aircraft technology using computing data development. Product features of the company include Chimera, Quarterhouse, Darkhorse, and Halcyon. Hermeus was founded by AJ Piplica, Glenn Case, Michael Smayda, and Skyler Shuford in 2018 and is headquartered in Atlanta, GA.
Funding Date | Share Class | Amount Raised | Price per Share | Post-Money Valuation | Key Investors | |
---|---|---|---|---|---|---|
06/21/2024 | Series B-1 | $39.96MM | $xx.xx | $537.74MM | Undisclosed Investors | |
Price per Share
$xx.xx
Shares Outstanding
2,391,748
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Undisclosed Investors
|
||||||
03/10/2022 | Series B | $104.15MM | $xx.xx | $404.47MM | Founders Fund, In-Q-Tel, Khosla Ventures, Canaan Partners, Bling Capital, Revolution | |
Price per Share
$xx.xx
Shares Outstanding
6,234,740
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Founders Fund, In-Q-Tel, Khosla Ventures, Canaan Partners, Bling Capital, Revolution
|
||||||
10/29/2020 | Series A | $16.26MM | $xx.xx | $59.15MM | Canaan Partners, Khosla Ventures, Bling Capital, Revolution | |
Price per Share
$xx.xx
Shares Outstanding
4,440,451
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Canaan Partners, Khosla Ventures, Bling Capital, Revolution
|
||||||
05/13/2019 | Series A-3 | $2.49MM | $xx.xx | $18.09MM | Khosla Ventures | |
Price per Share
$xx.xx
Shares Outstanding
2,567,308
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Khosla Ventures
|
||||||
05/13/2019 | Series A-2 | $422,208 | $xx.xx | $18.09MM | Khosla Ventures | |
Price per Share
$xx.xx
Shares Outstanding
220,118
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Khosla Ventures
|
||||||
05/13/2019 | Series A-1 | $53,117 | $xx.xx | $18.09MM | Khosla Ventures | |
Price per Share
$xx.xx
Shares Outstanding
41,540
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Khosla Ventures
|
Two private companies have made strides recently in their efforts to develop commercial jets that travel faster than the speed of sound.