52
Propel Aero raises $12M in first Regulation D offering from Sunnyvale
Company raise · Raising · Offering $12M · Sold $4.9M · SUNNYVALE, CA · filed 2026-10-21
52
Propel Aero raises $10.49M in first capital round under Reg D 506(b)
Company raise · Closed · SUNNYVALE, CA · Form D filed 2026-10-21
Propel Aero, a Delaware corporation incorporated in 2023 and based in Sunnyvale, raised $10.49M from 16 investors in its first offering under Regulation D exemption 506(b). The round closed on March 24, 2026, with no placement agent involved.
Note: First-time issuer on EDGAR; no placement agent listed despite $10.49M raise; industry group listed as 'Other Technology' despite aerospace focus.
$10M+ raiseFirst raise on EDGARoperating_company
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People on the filing
| Venkatasubramanian Viswanathan | Executive Officer, Director |
| Yet-Ming Chiang | Executive Officer, Director |
| Dipender Saluja | Director |
Signed by Venkatasubramanian Viswanathan, President.
Filing contact
The issuer's phone number and address from the filing are shown to subscribers. See plans, or read it on EDGAR.