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Terrafugia Inc., the Woburn maker of a flying car, has taken in $960,000 in new equity financing, according to federal documents.
While the filing with the U.S. Securities and Exchange Commission did not list the backers in the new round, named as directors of the company are Lindsay Weaver Jr., former Lernout & Hauspie division president Koen Bouwers and Semyon Dukach, a serial entrepreneur and former president of the MIT Blackjack team.
Terrafugia last took in funding in May, landing $2 million in a Series B round. At the time, CEO Carl Dietrich declined to disclose any backers involved in that round. That federal filing also listed as directors Bouwers, Weaver and Dukach.
Earlier this month Terrafugia signed on as the largest subcontractor on a $65-million Defense Advanced Research Projects Agency (DARPA) project to build a four-person flyable and road vehicle.
Terrafugia said in Septmeber it is moving its Transition “flying car” into low-volume production at a 19,000 square-foot facility in Woburn.
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