Invest · Series A open

€6M flies the architecture.

Zuri is building a hybrid-electric uncrewed cargo VTOL, first of a family culminating in a certified six-seater.

TD 2.0 head-on in a darkened hangar, wing and eight tilting rotors lit from below through haze, a render

The round · open

The tranche€6MFirst of the Series A
Committed€1.1MIn, as of today
What it buysFirst flight of the full architecture, early 2027, and the full test campaignPlus the uncrewed cargo aircraft toward its first airframe

Commercial deliveries follow with the later tranches, in the 2027 to 2029 window.

Request materials

What the money builds

One aircraft proves all of it.

Technology Demonstrator 2.0 integrates the whole architecture in one full-scale aircraft: the series-hybrid powertrain and eight tilting rotors together, designed to fly hover, transition, and cruise. It is in ground test in Prague now, its flight-test campaign is what this tranche funds, and what it proves becomes the uncrewed cargo aircraft.

Everything about Demonstrator 2.0 →
A Zuri technician wrapping the fuselage of the TD 2.0 display aircraft, which sits on its steel cradle in the Prague hall

Wrapping the fuselage of the TD 2.0 display aircraft.

The record

More than fifteen aircraft flown on €7.6M raised.

Designed and built in-house since 2017, flown since 2018: subscale models through an 11-meter-wingspan demonstrator, in full-scale hover since 2021.

  • 20185 m proof of concept, first CAA registration
  • 2021Full-scale hover, TD 1.0
  • 2024Transition flown at subscale
  • 2026TD 2.0 unveiled, now in ground test
The flight record →

What is left

Eight risks, six retired.

This is the matrix from our own evidence page, unchanged, grades and all, including the row that is still in definition.

Proven in flightVertical flight, at full scale · Transition, at subscale · Flight controls
Proven on the groundEngine · Tilting mechanism · Aerodynamics
In testBattery and power electronics, under flight loads
In definitionThe cargo interface, with requirements being fixed with end users

What remains is integration and flight test, the campaign this round funds. Integration, not invention.

The full risk matrix, graded →

Why now

Valuation follows validation.

Vertical flight is flown at full scale and transition at subscale, on flight controls proven across every airframe. Flying all of it together at full scale is TD 2.0's job, and the round is priced before that flight.

The entrySet now, before the whole architecture has flown as one aircraft.
The catalystTD 2.0's first flight, early 2027: the full architecture validated in the air.
The sequenceEach aircraft in the family earns toward the one after it.
The positionOne dual-use airframe, ITAR-free on a European supply base: open to European defense where US programs are not.
Why cargo first →The missions, in detail →

The team

Built by people who have certified aircraft before.

30+ people in Prague, drawn from a century-old aerospace industry, led full-time since 2017 by founder Michal Illich.

In good company.

Pale Fire Capital · Kiwi.com · Keen Software House

  • Jaroslav Beck
  • Ondřej Bartoš
  • Jan Habermann
  • Rasty Turek
  • Jakub Nešetřil
  • Boris Renski
  • Daniel Majewski
  • Matěj Turek

Backed by the founders of Kiwi.com, Beat Saber, GoodAI, and Mirantis. Horizon Europe research participant (VITOLMINS, funded through EUSPA).

Thirty letters of intent (LOIs) are signed for the six-seat aircraft the family is building toward.

The team building and flying it →

Frequently asked questions

About the round.

What is Zuri raising, and what does it fund?

A €6M first tranche of the Series A, of which €1.1M is committed. It funds Technology Demonstrator 2.0 and its full flight test campaign, and carries the uncrewed cargo aircraft toward its first airframe. More than fifteen aircraft have flown on €7.6M raised, so the architecture is proven before the product, and first flight is the next validation milestone: this tranche enters before the whole architecture has flown.

What approvals does the cargo aircraft need?

The uncrewed cargo aircraft operates under EASA's Specific category, with operations risk-assessed through SORA and authorized by the competent national aviation authority, at a fraction of a type certificate's cost. That is what makes cargo first work commercially. The passenger type certificate for the six-seat aircraft comes last, funded increasingly by revenue rather than dilution.

What are the main risks?

The program carries eight tracked engineering risks and six are retired; the open ones are the flight-test campaign itself and the cargo interface, which is still in definition. Beyond those: certification timing under EASA rests with the authority, and market entry across 2027 to 2029 depends on a flight-test campaign that has not started. The full matrix, graded, is on the proof page unchanged.

Why has Zuri needed so little capital?

€7.6M raised since 2018, against comparable programs that have spent €300M and more. Design, build, and flight test all happen in-house in Prague, so iterations cost weeks rather than subcontracts, and engineering costs run below Western European rates in a country with a century-old aerospace industry to hire from. Subscale aircraft prove what they can before anything is built at full scale.

Who has invested in Zuri?

Pale Fire Capital, Kiwi.com, and Keen Software House, alongside individual investors including the founders of Kiwi.com, Beat Saber, GoodAI, and Mirantis. €7.6M raised since 2018, including the first €1.1M of the Series A; the Pre-Series A closed roughly three times oversubscribed.

Next step

Request investor materials.

Leave your email; the deck and round details follow within two business days.

Prefer a conversation? invest@zuri.com, twenty minutes is all we ask. For defense and strategic conversations: defense@zuri.com.

The Series A is a private placement in Zuri.com SE. Terms and valuation ship with the materials. This page is informational. Nothing on it constitutes an offer of securities or a solicitation of investment; investor materials are provided on request.

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