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Ascendance

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Hybrid-electric propulsion and VTOL aircraft for decarbonised civil and defence aviation

Toulouse, FranceFounded 2018Aviation
Valuation $50–100M Last recorded · 2023
Headcount 100–500 Current team size
Total funding $10–50M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for Ascendance and the history behind them.

About Ascendance

Ascendance is a Toulouse-based aerospace company founded in 2018 by Jean-Christophe Lambert, Thibault Baldivia, Clément Dinel and Benoît Ferran, all former members of Airbus’s E-Fan team. The company develops STERNA, a modular hybrid-electric propulsion system combining batteries, energy management and electrical distribution, and ATEA, a vertical-take-off-and-landing aircraft designed for regional passenger, cargo, medical and security missions. Its hybrid approach targets lower emissions while preserving the range and operational resilience needed in civil and defence aviation. In April 2026 Ascendance announced a €12.2 million France 2030 Première Usine investment to move STERNA from prototype development toward series production in France; the company reports more than €60 million raised overall.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2018
Headquarters
Toulouse, France
Employees
154
Open positions
7
Dealroom signal
83.6/100
Sub-industry
Mobility, Vehicle Production
Sector
Aviation, Consumer Goods, Aerospace, Consumer Electronics, Vivatech2019, Sustainable Development Goals, Air Traffic, Aviation and Aerospace, Vertical Takeoff and Landing
Technology
Hardware, Deep Tech
Business model
Manufacturing
Client focus
b2b

Funding history

6 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
GRANT✓Other financing Apr 2026 $13M — France 2030 ↗
SERIES B✓Equity / VC Mar 2023 $23M $92M Irdi Capital Investissement · Habert Dassault Finance · Expansion Ventures · SC Mahé ↗
Showing the latest 2 of 6 recorded eventsBook a demo for the full funding history →

Growth signals

Ascendance website traffic

Latest recorded traffic for Ascendance is 5.9K monthly website visits, up 195% over the last three months. Ascendance's team grew 13.2% over the past year.

Latest monthly visits5.9K 3-month web change+195% 1-year team growth+13.2%
Summary metrics are public; monthly history is available with a demoCompare with peers →

Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

20 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Seed1 investor entered at this stage

  • France 2030

Series A12 investors entered at this stage

  • Habert Dassault Finance
  • Irdi Capital Investissement
  • M Capital Partners
  • Kima Ventures
  • Celeste Management
  • Expansion Ventures
  • SC Mahé
  • Bpifrance
  • Celad
  • Adrien Montfort
  • ARAC Occitanie
  • Snaw Ventures

Other known investors7 additional known investors

  • Agoranov
  • Christophe Bertrand
  • Emmanuelle Brizay
  • Thierry Tea
  • Vincent PRÊTET
  • Wilco
  • YADAY
Team profiled 14 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 4 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
5 countries with
team presence
🇫🇷 France94.6%
🇺🇸 United States2.7%
🇨🇭 Switzerland0.9%
🇬🇧 United Kingdom0.9%
🇮🇳 India0.9%
5 countries shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Ascendance on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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