Merlin Labs: Raises $25M in Funding

Merlin Labs Raises $25M in Funding

  • Merlin Labs, a Boston, MA-based developer of autonomous flight technology for fixed-wing aircraft, raised $25m in funding
  • Backers included GV (formerly Google Ventures) and First Round Capital
  • Founded in 2018 and led by Matthew George, CEO, MerlinLabs Merlin is building a certifiable autonomy system for complex fixed-wing aircraft
  • The company has demonstrated hundreds of autonomous missions on multiple aircraft types, including complex twin turboprop aircraft
  • Its autonomy platform is aircraft-agnostic, focuses on on-board autonomy rather than remote piloting and is being integrated into a wide variety of public- and private-sector aircraft
  • The company, which until today had been in stealth mode, is also announcing a 55-aircraft partnership with Dynamic Aviation
Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

You May Also Like

Experian Launches Credit Score App in ChatGPT, Enhancing Financial Access

New tool enables users to check credit scores effortlessly via ChatGPT.Highlights: Experian's app allows users to check credit...

US Senate Passes Bill Banning Issuance of CBDCs

Legislation aims to restrict the development of digital currencies by the Federal Reserve.Highlights: The US Senate approved a...

Truist Expands Open Banking Offerings with Plaid Partnership

Collaboration aims to enhance customer access to financial services.Highlights: Truist collaborates with Plaid for open banking expansion.The partnership...

UK’s National Fraud Database Reports 444,000 Fraud Cases in 2025

Cifas reveals a significant rise in reported fraud incidents across the UK.Highlights: Cifas reported 444,000 fraud cases in...