Seed · Mobility

Milan Aircraft closes seed round to build electric powertrain prototype

Private investors back the Swiss developer’s next engineering milestone.

Milan Aircraft announced a closed seed round on 6 October 2026. The amount was undisclosed. Backers included private investors and business angels connected to the SICTIC and Aare Ventures networks.

The funding will build a complete electric powertrain prototype, covering the battery, control and power electronics, and motor. Airframe development will continue in parallel as the company works towards a flying prototype.

Use of funds

Build electric powertrain prototype

Develop airframe

Funding history

Seed · This roundUndisclosed

Sources

  1. Milan Aircraft seed financingstartupticker.ch · Oct 6, 2026