BETA Technologies raised $318M in a Series C funding round led by QIA to support the growth and commercialization of electric aviation solutions.
Amount Raised
$318 Million
Round Type
Series C
South BurlingtonManufacturingInformation TechnologyTransportationAutomotiveAerospaceInvestors
Description
BETA Technologies, Inc. has raised $318 million in Series C equity capital, led by QIA. This funding will enable continued production and commercialization of their electric aircraft and propulsion systems. Notable investors like Fidelity Management & Research Company and TPG Rise Climate also participated in this round.
Quick answer
Beta Technologies raised $318 Million in a Series C round, dated October 31, 2024. Investors: Fidelity Management & Research Company, TPG Rise Climate, United Therapeutics and Qia. Beta Technologies is based in South Burlington, Vermont, United States.
- How much did Beta Technologies raise?
- Beta Technologies raised $318 Million in a Series C round on October 31, 2024.
- Who invested in Beta Technologies?
- Fidelity Management & Research Company, TPG Rise Climate, United Therapeutics and Qia are named as investors in this round.
- What does Beta Technologies do?
- BETA Technologies is an electric aviation company based in Burlington, Vermont.
- Where is Beta Technologies based and how big is it?
- Beta Technologies is based in South Burlington, Vermont, United States. Fundz records about 1,100 employees.
- Who are the decision-makers at Beta Technologies?
- Fundz holds 2 contacts at Beta Technologies, including the Head of Global Sales. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Transportation and Automotive around the same time
Companies in the same sectors as Beta Technologies that raised within 45 days of this round, from Fundz verified event records.
- Archer Aviation raised $430M (Angel) on December 13, 2024.
- Stoke Space raised $184M on December 9, 2024.
- Joby Aviation raised $500M (Funding Round) on October 4, 2024.
- Joby Aviation raised $500M on October 1, 2024.
- Zeno raised $2M on December 13, 2024.
- Ion-X raised $14M (Series A) on December 10, 2024.
Who to call at Beta Technologies, and when
A new round usually means Beta Technologies is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Beta Technologies raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Beta Technologies, from your own LinkedIn network
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Related People
Beta Technologies raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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