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