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Beta Technologies
company
About
Beta Technologies manufactures electric vertical takeoff and landing (eVTOL) aircraft and recharging pad systems.
- South Burlington,Vermont,United States
- 251 - 500
- https://www.beta.team
Details
- Last Funding Type
- Series B
- Last Funding Money Raised
- $375M
- Industries
- Aerospace,Air Transportation,CleanTech,Manufacturing
- Founded date
- Apr 1, 2017
- Number Of Employee
- 251 - 500
- Operating Status
- Active
- Legal Name
- Beta Technologies Inc.
- Also Known As
- BETA,Beta Air
Beta Technologies designs and develops electric aircraft including advanced flight control and electric propulsion systems, with a focus on clean aviation technology. Beta designs a self-sufficient eVTOL aircraft ecosystem that satisfies the needs of humans, embraces the laws of nature, and works in harmony with the planet.Beta Technologies simplifies and amplifies access to the vertical dimension of mobility.
Funding Rounds
Number of Funding Rounds
Total Funding Amount
3
$886M
Beta Technologies has raised a total of
$886M
in funding over 2 rounds. Their latest funding was raised on
Apr 20, 2022 from a Series B round.
| Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
|---|---|---|---|---|---|---|
| Apr 20, 2022 | Series B | $375M | 2 |
Fidelity Management and Research Company
TPG Rise Climate Fund
|
— | Detail |
| May 18, 2021 | Series A | $368M | 3 |
Fidelity Management and Research Company
|
— | Detail |
| Mar 1, 2021 | Series Unknown | $143M | — | — | — | Detail |
Investors
Number of Lead Investors
Number of Investors
3
4
Beta Technologies is funded by 4 investors.
Fidelity Management and Research Company
and TPG Rise Climate Fund
are the most recent investors.
| Investor Name | Lead Investor | Funding Round |
|---|---|---|
|
Fidelity Management and Research Company
|
Yes | Series B |
|
TPG Rise Climate Fund
|
Yes | Series B |
Climate Pledge Fund
|
— | Series A |
RedBird Capital Partners
|
— | Series A |
Employee Profiles
Number of Employee Profiles
11
Beta Technologies has 11 current employee profiles, including
Advisor Adam Grosser
Advisor
Executive
Board member
Advisor
Executive
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