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Archer Aviation Secures $430 Million to Develop Defense Focused Hybrid Aircraft
Taylor Pierce
December 17, 2024
By Taylor Pierce - Tuesday, December 17
The Recap
The best information on capital raises and financing activity in under 5 minutes:
Archer Aviation (NASDAQ: ACHR) announced it has raised $430 million, part of which will be used to develop a hybrid aircraft with defense tech company Anduril Industries.
1911 Gold Corporation (TSXV: AUMB) announced upsize to non-brokered private placement to CAD$8.1 Million.
Nano Labs Ltd. (NASDAQ: NA) the specialized chip manufacturer announced the closing of $36.25 million private placement.
Air-taxi manufacturer Archer Aviation announced it has raised $430 million in new funding, with a portion earmarked for the development of a hybrid aircraft in collaboration with defense technology firm Anduril Industries. The equity offering saw participation from existing backers United Airlines (UAL.O) and Stellantis (STLAM.MI), alongside new investors like Wellington Management and Abu Dhabi-based 2PointZero.
1911 Gold’s flagship asset, the True North Complex
1911 Gold announced it has upsized its previously announced non-brokered private placement to CAD$8.1 Million. The Company is a junior explorer that holds a highly prospective, consolidated land package totalling more than 63,000 hectares within and adjacent to the Archean Rice Lake greenstone belt in Manitoba, and also owns the True North mine and mill complex at Bissett, Manitoba. 1911 Gold believes its land package is a prime exploration opportunity, with potential to develop a mining district centred on the True North complex. The Company also owns the Apex project near Snow Lake, Manitoba and the Denton-Keefer project near Timmins, Ontario, and intends to focus on organic growth and accretive acquisition opportunities in North America.
Nano Labs is a leading fabless integrated circuit ("IC") design company and product solution provider in China. Nano Labs is committed to the development of high throughput computing ("HTC") chips, high performance computing ("HPC") chips, distributed computing and storage solutions, smart network interface cards ("NICs") vision computing chips and distributed rendering. The Company recently announced the closing of $36.25 million private placement. As of the time of writing, Nano holds approximately 360 Bitcoins, with a current value of approximately $36.22 million. The average acquisition cost of its Bitcoin holdings is approximately US$99,700 per BTC, inclusive of transaction fees.
Weekly Money Moves
Company | Money Raised ($USD) | Sector |
Gallagher | $8,500,000,000 | Insurance |
Archer | $430,000,000 | eVTOL |
New Amsterdam Pharma | $416,500,000 | Biotech |
MAA | $350,000,000 | Real Estate |
Cousins Properties | $284,000,000 | Real Estate |
Capital Power | $282,183,963 | Energy |
Atos | $234,831,516 | Software |
Kodiak Gas Services | $232,925,000 | Oil & Gas |
Mayapada Hospital | $157,000,000 | Health Care |
ImmunityBio | $100,000,000 | Health Care |
Protara Therapeutics | $100,000,000 | Biotech |
Financial Institutions | $95,000,000 | Finance |
Osisko Metals | $75,690,517 | Mining |
New Era Helium | $75,000,000 | Oil & Gas |
Castor Maritime | $50,000,000 | Transportation |
Quantum Computing | $50,000,000 | Software |
Nano Labs | $36,250,000 | Semiconductor |
Kothari Industrial Corporation | $20,794,743 | Agriculture |
Scilex Holding Company | $17,000,000 | Health Care |
Great Elm Capital | $13,200,000 | Financial Services |
Valeura Energy | $10,602,741 | Oil & Gas |
Mohandes Insurance | $9,881,423 | Insurance |
ProQR Therapeutics | $8,100,000 | Biotech |
Mainz Biomed | $8,000,000 | Biotech |
Sacks Parente Golf | $8,000,000 | Manufacturing |
FangDD | $7,000,000 | Internet |
Aurrigo International plc | $6,654,768 | Automotive |
Aptevo Therapeutics | $6,200,000 | Biotech |
BriaCell Therapeutics | $5,500,000 | Biotech |
LM Funding | $5,100,000 | Financial Services |
Palisade Bio | $5,000,000 | Biotech |
1911 Gold | $5,000,000 | Mining |
Medirom Healthcare Technologies | $5,000,000 | Health Care |
Sonnet BioTherapeutics | $3,900,000 | Biotech |
Abcourt Mines | $3,702,783 | Mining |
Great Pacific Gold | $3,536,943 | Mining |
Eco Wave Power | $3,000,000 | Energy |
Electric Royalties | $2,829,555 | Mining |
Legend Consulting | $2,700,000 | Financial Services |
Abasca Resources | $2,255,211 | Mining |
Amplitech Group | $2,200,000 | Manufacturing |
PTX Metals | $2,129,603 | Mining |
Energy Services of America | $2,000,000 | Energy |
Nova Pacific Metals | $1,839,211 | Mining |
Creactives Group | $1,678,754 | Software |
Nexus Uranium | $1,485,516 | Mining |
Madison Metals | $1,411,776 | Mining |
Mustgrow Biologics | $1,409,507 | Biotech |
Telo Genomics | $1,406,257 | Biotech |
Gold Mountain | $1,058,832 | Mining |
Telomir Pharmaceuticals | $1,000,000 | Biotech |
Lead Investors
Kothari Industrial Corporation: $20,794,743 | Agriculture | Lead Investor: F J Global and Investment
ProQR Therapeutics: $8,100,000 | Biotech | Lead Investor: Rett Syndrome Research Trust
Telomir Pharmaceuticals: $1,000,000 | Biotech | Lead Investor: Starwood Property Trust
Mayapada Hospital: $157,000,000 | Health Care | Lead Investor: Bain Capital
Valeura Energy: $10,602,741 | Oil & Gas | Lead Investor: Thoresen Thai Ags Fgn Reg
Castor Maritime: $50,000,000 | Transportation | Lead Investor: Toro Corp
Do you know of any other lead investors who put capital into the markets this week? We would be happy to feature the transactions, send us an email at [email protected]
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