Horizon Aircraft: Funding, Investors & Team (Sep 2026)
Horizon Aircraft has created a hybrid-electric vertical takeoff and landing (eVTOL) aircraft called the Cavorite X7, which can function like a regular fixed-wing aircraft for most of its mission. The aircraft features a fan-in-wing design and a hybrid power system that allows for vertical takeoff, cruising like a traditional plane, and recharging its batteries while in flight. The company sees the Cavorite X7 being useful for various tasks such as medical evacuations, delivering cargo to remote areas, responding to disasters, and military operations, focusing on factors like range, speed, and payload capacity. Horizon Aircraft has designed the aircraft to be adaptable for both piloted and unmanned missions, with a pathway for certification and a modular architecture.
Horizon Aircraft has raised $26.4M across 2 funding rounds on record, the most recent an undisclosed round of $25.0M announced in May 2026.
That round is above the $3.8M median round size for Design companies tracked on FundedIQ over the last two years.
Horizon Aircraft Company Profile and Key Stats
Latest funding round on record: May 2026.
Horizon Aircraft Funding Rounds
Horizon Aircraft raised $1.4M in an undisclosed round announced in Oct 2025.
7 months later, an undisclosed round of $25.0M was announced in May 2026.
Horizon Aircraft Founders and Leadership Team
Contact details for the Horizon Aircraft team: 2 of 2 have an email address on file, 1 has a LinkedIn profile.
Start 14-day free trial →Horizon Aircraft Funding Compared to Other Design Startups
Horizon Aircraft's latest round of $25.0M is above the median round in Design. Medians cover the last 24 months of disclosed rounds.
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Horizon Aircraft Funding FAQs
What does Horizon Aircraft do?
Horizon Aircraft has created a hybrid-electric vertical takeoff and landing (eVTOL) aircraft called the Cavorite X7, which can function like a regular fixed-wing aircraft for most of its mission. The aircraft features a fan-in-wing design and a hybrid power system that allows for vertical takeoff, cruising like a traditional plane, and recharging its batteries while in flight. The company sees the Cavorite X7 being useful for various tasks such as medical evacuations, delivering cargo to remote areas, responding to disasters, and military operations, focusing on factors like range, speed, and payload capacity. Horizon Aircraft has designed the aircraft to be adaptable for both piloted and unmanned missions, with a pathway for certification and a modular architecture.
How much funding has Horizon Aircraft raised?
Horizon Aircraft has raised $26.4M across 2 rounds on record. The most recent is an undisclosed round of $25.0M announced in May 2026.
When did Horizon Aircraft last raise funding?
Horizon Aircraft's most recent funding round on record is an undisclosed round of $25.0M, announced in May 2026.
Who founded Horizon Aircraft?
FundedIQ lists Brandon Robinson (Founder), Brian Robinson (Founder) at Horizon Aircraft.
Where is Horizon Aircraft headquartered?
Horizon Aircraft is based in Lindsay, Ontario, Canada.
How many employees does Horizon Aircraft have?
Horizon Aircraft is in the 11-50 employee band.
How does Horizon Aircraft's funding compare to other Design startups?
Horizon Aircraft's latest round of $25.0M is above the $3.8M median round size for Design companies on FundedIQ across 327 tracked companies over the last two years.
About FundedIQ's Horizon Aircraft Funding Data
FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.
Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for Horizon Aircraft is left off this page rather than filled in.
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