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Home News BETA Technologies raises more than $300M in additional equity capital to fund growth and commercialization

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BETA Technologies raises more than $300M in additional equity capital to fund growth and commercialization

SOUTH BURLINGTON, Vt.--(BUSINESS WIRE)--BETA Technologies, Inc., an electric aerospace company based in Vermont, has raised $318 million in Series C equity capital. QIA led the raise and several of BETA’s largest investors, including Fidelity Management & Research Company and TPG Rise Climate increased their ownership in BETA. Longtime customer United Therapeutics has also joined this round as an investor. The financing round was priced at an increased valuation relative to prior equity cap...

Read the full news release here

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