

Startup · Lithuania
Airvolve
HQ Vilnius, LithuaniaFounded 20241-10 employees
Airvolve develops tactical airlift solutions for defense, civil safety, and security. Our VTOL aircraft enable de-risked and dispersed missions.
Funding1 round · ~$916K
- Equity raised
- ~$916K
- Latest
- ~$916KSeed · Sep 4, 2024
| Announced | Stage | Amount | Valuation | Lead investors | Other investors | Confidence |
|---|---|---|---|---|---|---|
| Sep 4, 2024 | Seed | ~$916K | — | Coinvest Capital | — | Reported |
- SeedLed by Coinvest Capital~$916KSep 4, 2024
Raised counts equity rounds; debt, secondary sales and grants are totaled separately. Amounts in other currencies are converted at the announcement month's average rate. A ~ marks an estimated or converted amount.
Systems1
Newest unveiled first. Open a system for its milestone timeline, components and sources.
Capabilities2
| Technology | Role | Maturity | TRL | Notes | Confidence |
|---|---|---|---|---|---|
| Aircraft and aeronautics | Developer | — | — | classify_sectors run 37, haiku, taxonomy 2026-10-18b: Develops VTOL tactical airlift aircraft for defense, civil safety and security, with dispersed military missions as the stated purpose. | Reported |
| Logistics and sustainment | Developer | — | — | classify_sectors run 37, haiku, taxonomy 2026-10-18b: Develops VTOL tactical airlift aircraft for defense, civil safety and security, with dispersed military missions as the stated purpose. | Reported |
- Developerclassify_sectors run 37, haiku, taxonomy 2026-10-18b: Develops VTOL tactical airlift aircraft for defense, civil safety and security, with dispersed military missions as the stated purpose.—Reported
- Developerclassify_sectors run 37, haiku, taxonomy 2026-10-18b: Develops VTOL tactical airlift aircraft for defense, civil safety and security, with dispersed military missions as the stated purpose.—Reported
Maturity and TRL describe this organization's work; the field-wide maturity is on each technology's page.
People2
| Person | Role |
|---|---|
| Antanas Ivancius · LinkedIn ↗ | CGO and Co-founder |
| Donatas Gendvilas · LinkedIn ↗ | CEO and Co-Founder |
Sources6
Profile3
- 1
PitchBook · Supports Organization · employee range, Organization · founded year, Organization · linkedin url
“employee_range: 1-10 (profile: 5)”
- 2
Sixth-Domain · Supports Organization · country, Organization · kind
“{"country": "Lithuania", "hq_iso2": "LT", "id": "b54cf88c-996e-4ab2-8844-42a8b5464514"}”
- 3
LinkedIn · Supports Organization · employee range, Organization · founded year, Organization · linkedin url
“employee_range: 1-10 (profile: 2-10 employees)”
Systems1
- 4Companyairvolve | defense
Airvolve · Supports Organization · description, Organization · name, Organization · website, System
“Airvolve develops tactical airlift solutions for defense, civil safety, and security. Our VTOL aircraft enable de-risked and dispersed missions.”
Funding1
- 5
ain.ua · Sep 5, 2024 · Supports Funding round, Funding round · amount, Organization · ownership
“Coinvest Capital's contribution to the investment amounts to €510,000.”
People1
- 6
Crunchbase · Supports Organization · employee range, Organization · hq city, Organization · linkedin url, Role
“employee_range: 1-10 (profile: 1-10)”
Each fact on this page is attached to the sources that support it. Archived copies are linked when we keep one.
