TEDCO-Backed Hop Flyt, Inc. Raises $1.5M Series A

HopFlyt, a Maryland startup designing electric vertical takeoff and landing, or eVTOL, aircraft, has raised $1.5 million in Series A funding. So far, the six-year-old startup has raised $1.8 million, including pre-seed funding from Maryland Technology Development Corporation (TEDCO), according to CrunchBase.