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Levitate Capital is a specialized venture capital firm investing in companies developing next-generation transportation mobility technologies. The firm primarily targets innovators in advanced air mobility, autonomous drone systems, and emerging space technology solutions. It provides capital and strategic support to ventures, accelerating development and market adoption within these complex sectors.
Established in 2017, Levitate Capital was founded by Michael Linse, an experienced investor in technology and venture capital. Linse’s insight recognized profound opportunities from aerospace innovation and technological advancement converging. This led the firm to dedicate its focus to areas poised to redefine how people and goods move, leveraging his early-stage investing background.
The firm’s primary beneficiaries are its portfolio companies, receiving financial backing and strategic guidance for growth. Levitate Capital envisions a future transformed by sustainable, efficient transportation systems, with advanced air and space technologies at their core. Its mission involves fostering an ecosystem for these innovations to scale, delivering long-term societal impact.
Key people at Levitate Capital.
Levitate Capital has 5 tracked investments across 4 companies. The latest tracked deal is $11.5M Grant / Other Equity in Swoop Aero in December 2022.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Dec 13, 2022 | Swoop Aero | $11.5M Grant / Other Equity | — | USAID |
| Mar 23, 2022 | Skyports | $23.0M Series B | — | 2I Aeroporti, Ardian, Deutsche Bahn Digital Ventures, Goodman Group, GreenPoint Partners, Groupe ADP, Irelandia Aviation, Kanematsu Corporation, Solar Ventus |
| Dec 5, 2019 | Skyports | $7.0M Series A | Deutsche Bahn Digital Ventures, Edward Arkwright | — |
| Feb 1, 2019 | Elroy Air | $5.0M Seed | — | First Star Ventures, Stellar Capital, Jeff Seibert, Wayne Chang, 122 WEST VENTURES, Amplify Partners, Catapult Ventures, Haystack, Homebrew, Lemnos Labs, Precursor Ventures, Shasta Ventures |
| Jun 26, 2018 | Matternet | $16.0M Series A | Brian Schettler | Sony, Swiss Post |
Key people at Levitate Capital.