Beta Technologies

company

About

Beta Technologies manufactures electric vertical takeoff and landing (eVTOL) aircraft and recharging pad systems.

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