Fundz

Rtx Ventures Invests In H55 To Advance Electric Propulsion Technologies For Clean And Efficient Air Mobility Applications

PRIVATEOct 11, 2022

Round Type

Funding Round

SionManufacturingAerospace

Description

RTX Ventures, the venture capital arm of Raytheon Technologies (NYSE: RTX), has made a minority investment in electric propulsion system company H55 to drive the development of electric aviation solutions. The investment in H55 aligns with Raytheon Technologies' longstanding leadership in the development of innovative and sustainable propulsion technologies.

Quick answer

H55 raised an undisclosed amount in a Funding Round round, dated October 11, 2022. H55 is based in Sion, Valais, Switzerland.

How much did H55 raise?
H55 raised an undisclosed amount in a Funding Round round on October 11, 2022.
What does H55 do?
H55 is a Swiss-based company founded and led by the former Solar Impulse management team, André Borschberg, Sebastien Demont and Gregory Blatt.
Where is H55 based and how big is it?
H55 is based in Sion, Valais, Switzerland.
Who are the decision-makers at H55?
Fundz holds 1 contact at H55, including the Chief Operating Officer . Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Aerospace and Manufacturing around the same time

Companies in the same sectors as H55 that raised within 45 days of this round, from Fundz verified event records.

  • Lilium GmbH raised $119M (Funding Round) on November 23, 2022.
  • North American Wave Engine Corp raised $3.5M (Seed) on November 18, 2022.
  • Terran Orbital raised $100M on October 31, 2022.
  • Apex raised an undisclosed amount (Seed) on October 25, 2022.
  • JetZero raised $4.5M (Seed) on October 25, 2022.
  • Apex raised $7.8M on October 17, 2022.

Who to call at H55, and when

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Company Information

Company

H55

Location

Sion, Valais, Switzerland

About

H55 is a Swiss-based company founded and led by the former Solar Impulse management team, André Borschberg, Sebastien Demont and Gregory Blatt. H55's mission is to revolutionize the aviation industry by providing certified electric propulsion and battery management systems tailored to a diverse range of aircraft to achieve sustainable air travel. Through a commitment of providing certified solutions and its pioneering legacy, the H55 team of visionary engineers and aerospace experts is at the forefront of driving the aviation industry toward a more environmentally responsible future, setting new standards, and pushing the boundaries of what is possible in electric aviation.

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Related People

1 contact
Verified contactsLawrence B., Chief Operating Officer hidden hidden hiddenSee plans and pricing
Predictive Intelligence
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H55 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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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.