AIR VEV is an Israeli technology company specializing in the design and manufacture of personal electric vertical takeoff and landing (eVTOL) aircraft, specifically targeting the advanced air mobility (AAM) market. Their flagship product, the AIR ONE, is a two-seat passenger eVTOL designed for private recreational use and short-range urban air mobility. The aircraft features patented folding wings for easy ground transport and fixed propeller technology that simplifies the transition from vertical to forward flight, reducing complexity and cost. AIR VEV aims to make personal air mobility accessible and practical by offering a sporty, easy-to-operate aircraft that requires minimal pilot training. The company has secured FAA certification under the MOSAIC regulation, enabling expanded test flights and moving toward customer deliveries expected in 2026[1][2][4].
Founded in 2018 in Pardes Hanna, Israel, AIR VEV was originally named Polarity Mobility. The founding team includes CTO Chen Rosen, CEO Rani Plaut, and Avionics Head Netanel Goldberg, all bringing aviation and engineering expertise. The idea emerged from a vision to revolutionize personal transportation by leveraging electric aviation technology. Early milestones include successful flight demonstrations such as the first transition from vertical takeoff to forward flight in 2022, and securing FAA certification in 2025, marking a significant regulatory achievement in the emerging eVTOL sector. The company has raised around $30 million, including a Series A led by Entrée Capital, and expanded operations with facilities in Israel and Florida[1][2].
AIR VEV is riding the growing trend of urban air mobility and electrification of aviation, addressing increasing demand for efficient, low-emission transportation alternatives. The timing is favorable due to regulatory advances like the FAA’s MOSAIC rule, which lowers barriers for light sport eVTOL certification. Market forces such as urban congestion, environmental concerns, and technological maturation of electric propulsion systems support AIR VEV’s mission. By pioneering a simpler, more affordable eVTOL design, AIR VEV influences the ecosystem by expanding potential user bases beyond professional pilots to private owners, thus accelerating adoption of personal air mobility[1][2][4].
Looking ahead, AIR VEV is positioned to scale production with new manufacturing facilities and expand its footprint in the U.S. market through its Florida operations. The company’s focus on ease of use, affordability (target price around $200,000), and regulatory compliance will be critical as it moves toward delivering aircraft to customers by 2026. Trends shaping its journey include advances in battery technology, increasing urban air mobility infrastructure, and evolving regulatory frameworks. AIR VEV’s influence may grow as it demonstrates the viability of personal eVTOLs for both recreational and practical uses, potentially reshaping how people commute and transport goods in congested urban environments[4][5].
AIR VEV has raised $23.0M in total across 1 funding round.
AIR VEV's investors include Entrée Capital Ventures, Shmuel Harlap.
AIR VEV has raised $23.0M across 1 funding round. Most recently, it raised $23.0M Series A in July 2025.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Jul 1, 2025 | $23.0M Series A | Entrée Capital Ventures, Shmuel Harlap |