Source: sbir.gov. Chief Financial Officer @beta.team (212 . Kyle Clark, Founder of Beta Technologies, has been quietly accumulating top talent from GE, Scaled Composites, Lord/Microstrain, Aurora Flight Sciences and other companies on the cutting-edge of aviation technology to develop and test the Ava XC prototype aircraft. Email:info@beta.team . SOUTH BURLINGTON, Vt ., May 18, 2021 /PRNewswire/ -- BETA Technologies ("BETA" or "the Company"), developer of a fully integrated electric aviation ecosystem, raised $368 million in a private round of funding that was meaningfully oversubscribed and led by Fidelity Management & Research Company. For financial reporting, their fiscal year ends on December 31st. BETA Technologies Info. This company was founded by Kyle Clark in 2012 and is headquarters in South Burlington, VT. Source: sbir.gov. Blain Newton. SOUTH BURLINGTON, Vt ., May 18, 2021 /PRNewswire/ -- BETA Technologies ("BETA" or "the Company"), developer of a fully integrated electric aviation ecosystem, raised $368 million in a private. The News: BETA Technologies has received additional funding from Amazon's Climate Pledge Fund, one year after the first investment. CEO Kyle Clark . Following this funding round, leasing group LCI announced plans to add up to 125 of Beta's eVTOL design to its portfolio. DISCOVER OUR EXPERTISE. 2. US Small Business Administration (SBA) Award . When was the last funding round for Beta Technologies? Fidelity Management and Research Company and TPG Rise Climate Fund are the most recent investors. Our team is passionate about science and technology, and we are building collaborations and supporting projects that will deliver the game-changing technologies we need for a greener and healthier future. Funding Innovation Growth | Beta is all about connecting people and knowledge to promote innovation. How much funding has Beta Technologies raised to date? Beta Technologies closes funding round with $375 million. The microalgae is also rich in other carotenoids, such as phytoene, lutein, and lycopene, as well as other phytochemicals and micronutrients. Funding Rounds Number of Funding Rounds 3 Beta raised $143 million in new private capital in March and was in the process of raising $190 million more, according to a U.S. Securities and Exchange Commission disclosure filed April 1 but. We are building collaborations and supporting projects that will deliver the game-changing technologies we need for a greener and healthier future. BETA Technologies develops the design and development of electric aircraft including advanced flight control and electric propulsion systems, with a focus on clean aviation technology. Read the full Press Release here. Electric aviation startup Beta Technologies raises $375 million Beta Technologies, a Burlington, Vermont-based electric aviation company, announced the close of a $375 million Series B funding round on Wednesday, bringing total venture funding for the maker of electric vertical takeoff and landing aircraft (eVTOL) to nearly $800 million. Electric aircraft company Beta Technologies said on Tuesday it had raised $368 million in a private funding round, led by Fidelity Management and backed by Amazon's climate-focused venture capital . beta.team. Beta Technologies Series A fund is the second round of funding the company has brought in during 2021. BETA Technologies, a developer of electric vertical take-off and landing aircraft and charging systemswhich Amazon invested in through its Climate Pledge Fund performed a test flight of its ALIA electric aircraft between two Amazon Air Hubs in the Northern Kentucky and Ohio region, the first-ever test of an electric aircraft at Amazon facilities. On Tuesday, BETA Technologies, which develops electric vertical planes (eVTOL) and related technologies, announced that it has raised $368 million in a Series A venture capital round, led by Fidelity and with the participation of Amazon's Climate Pledge Fund. In 2021, the Climate Pledge Fund made an initial investment in BETA Technologies as the company shares in Amazon's vision to create zero-emissions transportation. Beta is also developing the ALIA, a craft designed for the safe transport of organs. BETA Technologies Funding and Future Plans In the Series A funding round for the tech startup, BETA Technologies raised a whopping $368 million. Beta Technology | 553 followers on LinkedIn. Beta Technologies. The round was led by Fidelity. Key goals of the program are to (1) expand access to career-enhancing experiential learning opportunities for a broader, more diverse population, including adult learners interested in re-skilling and/or upskilling (e.g., those who face or who have faced significant barriers to accessing a formal STEM education); (2) promote cross sector partnerships between organizations in emerging . Source: techcrunch.com. Beta intends to use the funds to further develop its electric aerial system. Reporting File Number: 021-394327: State of Incorporation: DELAWARE . Show . 1. Source: axios.com. CleanTechnica. Our team is passionate about science and technology. Beta Technologies specializes in the design and development of electric aircraft including advanced flight control and electric propulsion systems, with a focus on clean aviation technology. Vermont-based eVTOL startup Beta Technologies has secured US$375 million in its latest series B funding round, the company recently announced. This brings Beta's total funding to $886M to date. Beta has partnered with, and is funded by, United Therapeutics biotechnology company. Name & Title Social Contact Info; William Holden. Beta Technologies serves cargo, passenger . Beta Technologies raises funding. This page includes all SEC registration details as well as a list of all documents (S-1, Prospectus, Current Reports, 8-K, 10K, Annual Reports) filed by Beta Technologies Inc.. Company Details. 1150 Airport Drive South Burlington Vermont 05403. Beta Technologies has 4 investors including Fidelity Management and Research Company and TPG Rise Climate Fund. Beta Technologies, founded by entrepreneur Kyle Clark, is developing an eVTOL aircraft; the technology demonstrator is dubbed the "Ava XC." The company is one of several electric VTOL companies receiving funding from Martine Rothblatt's United Therapeutics. Funding History. The latest round nearly doubled the company's valuation to $2.4B post-money. Beta intends to use the funds to further develop its electric aerial system. Vertical plane maker BETA Technologies gets funding lift from Fidelity, Amazon. Amazon first announced The Climate Pledge, co-founded with Global Optimism, in September 2019. Why it matters: Beta aims to achieve FAA certification by 2024 and . The eVTOL is ultimately designed to carry organs from a manufacturing facility to hospitals. Beta Technologies Inc. is incorporated in the state of Delaware. Top Competitors of BETA Technologies. Our vision is to use our networks and know-how to full potential. With TPG Rise Climate and Fidelity Management and Research Company leading the investment round, Beta said it will use the funds to continue to develop the company's integrated electric aviation system . BETA Technologies closes $368 million funding round led by Fidelity and backed by Amazon's Climate Pledge Fund At the heart of this system is ALIA, BETA's electric vertical aircraft, which. Funding Innovation Growth | Beta is all about connecting people and knowledge to promote innovation. The company raised $375M in Series B round on Apr 20, 2022. Q2 2022: 14 Largest Global Startup Funding Rounds. Beta Technologies closes funding round with $375 million Alia 250 Beta Technologies Electric aircraft investment USA Vermont VTOL US electric aerial vehicle developer Beta Technologies has raised US$375 million from investors in its latest Series B funding round. BETA Technologies closes $368 million funding round led by Fidelity and backed by Amazon's Climate Pledge Fund Fidelity Management & Research Company is joined by Amazon's Climate Pledge. Interim Chief Financial Officer (917) - Visit Profile. The new capital is the second round of. BETA Air Ownership Status Privately Held (backing) Financing Status Venture Capital-Backed Primary Industry Aerospace and Defense Primary Office 1150 Airport Drive South Burlington, VT 05403 United States +1 (802) 000-0000 BETA Technologies Timeline 2019 2020 2021 2022 Financing Round Captured Employee Count Estimated Employee Growth US Small Business Administration (SBA) Award. Electric aviation startup Beta Technologies closed a $368 million Series A funding round on Tuesday, with investments from Amazon's Climate Pledge Fund. The funding round was led by Fidelity Management & Research Company with notable participation from Amazon's Climate Pledge Fund. Aspen Flying Club. The new round of funding sees . Grant. 2022 BETA Technologies. BETA Technologies has raised $375 million in an oversubscribed Series B financing round, led by TPG Rise Climate and Fidelity Management & Research Company. After Beta Technologies . 18 May 2021. Beta Technologies (stylized as BETA Technologies), is a Burlington, Vermont-based aerospace manufacturer developing electric vertical take off and landing (eVTOL) aircraft for the cargo and logistics industry. BETA Technologies Secures $375 Million in Series B Funding to Accelerate Development of its Electric Aviation Business | The Rise Fund Share Our Portfolio Measurement Founders Board Team News Impact Report Highlights TPG Rise Climate Rise Climate 20 April 2022 Title May 25, 2021 - 04:07 pm Beta Technologies closes financing round with $368 million. Beta was last . The Climate Pledge Fund will invest in companies creating products, services, and technologies to protect the planet. Beta Technologies Inc. Beta Technologies IPO. The Company designs and manufactures electric aircrafts and recharging pad systems. BETA Technologies raised a total of $743.4 M in funding over 3 rounds. BETA is backed by Fidelity Management & Research Company, TPG's Rise Climate Fund, Amazon's Climate Pledge Fund, Redbird Capital, and others. 126. Header placeholder lorem ipsum dolor sit amet, consectetur adipiscing elit. SEE HOW WE ADD VALUE. Our team is passionate about science and technology, and we are building collaborations and supporting projects that will deliver the game-changing technologies we need for a greener and healthier future. Edward Eppler. Venture-funding News. [Courtesy: Beta Technologies] Vermont-based electric vertical takeoff and landing (eVTOL) aircraft . Building . This development comes after the maker of ALIA electric aircraft has made significant headway in producing zero-emissions transport. 24 Dec 2020. Beta Technologies. Their latest funding was raised on Apr 20, 2022 from a Series B round. BETA Technologies secures $375 million in latest Series B Funding Round Jason Pritchard 21 April 2022 BETA Technologies' ALIA eVTOL aircraft in flight. Beta Technologies is a developer of electric vehicle takeoff and landing ("EVTOL") aircrafts and recharging pad systems. About. Beta Technologies Secures $368 Million In Funding, Reaches Electric Aviation Unicorn Status. Our team is passionate about science and technology, and we are building collaborations and supporting projects that will deliver the game-changing technologies we need for a greener and healthier future. Beta Technologies closed its last funding round on Apr 20, 2022 from a Series B round. Credit: BETA. Everything you need to need to know about the largest global startup funding rounds of Q2 2022; broken down by industry, stage, investors, and more Filed Under: Funding, RFC-AW, Startups Tagged With: 8VC, 9Yards Capital, Aaron Feaver, Abu Dhabi Growth Fund, Accel, Adams Street Partners, Advent . Nature Beta Technologies (NBT) cultivates Dunaliella bardawil microalgae, a source of beta carotene that contains 50% of the 9-cis isomer which occurs only in natural form. Published on May 20, 2021 Beta Technologies, a South Burlington, Vermont-based developer of integrated electric aviation ecosystem, raised $368m in funding. Beta Technologies eVTOL Air Taxi Prototype Log in Register BETA Technologies 4756. Equity Funding. Funding Innovation Growth | Beta is all about connecting people and knowledge to promote innovation. Beta Technologies, a Burlington, Vermont-based electric aviation company, announced the close of a $375 million Series B funding round on Wednesday, bringing total venture funding for the maker of electric vertical takeoff and landing aircraft (eVTOL) to nearly $800 million. By TNW. The Beta Technologies air taxi prototype looks more traditional than the futuristic eVTOL designs of late. The company's aircrafts are designed around its proprietary propulsion technology and intended to service the cargo, passenger and emergency . Beta Technology | 589 followers on LinkedIn. Beta Technology | 617 followers on LinkedIn. Beta Technologies says it expects to achieve FAA type certification for its Alia eVTOL in 2024. Company Beta CEO Product Name Beta Technologies is based out of Burlington, Vermont, building and operating the Ava eVTOL. We connect people, knowledge and funding to promote innovation. Funding Beta Technologies has raised a total of $886M in funding over 3 rounds. $24 Million. TechCrunch. Get tech and business insights, breaking news, and expert analysis delivered straight to your inbox. His is a heavily modified airplane airframe with 90-degree tilting wings and ailerons . Beta Technologies, Inc. is an aviation company. Beta Technologies is funded by 4 investors. South Burlington aviation startup Beta Technologies announced Wednesday that it has raised $375 million in Series B financing the Vermont tech darling's second such sum in 12 months. 31 Dec 2020. Beta Technologies, an electric aircraft startup working with UPS and backed by Amazon, has raised $375m (c.290m) to prepare to build a fleet of cargo-delivery copters. On Wednesday, the. BETA Technologies Design Industry . $12 Million. BETA Technologies Executive Team & Key Decision Makers. Until an undisclosed amount of funding was received from United Therapeutics last year, Beta had been in "stealth mode" for . Driving the news: On Wednesday, an aviation company from Vermont announced it had secured $375 million in a Series B funding round, bringing the total close to $800 million. beta.team; B2c ; Founded in 2017; Raised $368M; Design . Explore Companies Investors Top 50 Streams Trending tech news Latest investments Latest acquisitions About Index Index. Aerospace | Founded: 2012 | Funding to Date: $143,000,000. Beta Technologies has raised $886M. One year later, Amazon has now made a second investment in BETA . Beta Technologies adds $368 million in Series A funding for its electric aviation ecosystem. Earlier this year, it raised $143 million in private capital. Galvin Flying Services Inc. 54. Weiterlesen. The Series B round was led by TPG's Rise Climate fund and Fidelity and boosts its valuation to $2.4bn (c.1.85bn). The company stated that the funding round was "meaningfully oversubscribed.". The company has also developed a network of specially designed charging infrastructure to support their aircraft. BETA Technologies raised $368M in Venture capital (Series A) Investors: Fidelity Management . Chief Operation Officer @beta.team (802) - Visit Profile. Beta Technologies, an electric aircraft startup, is working with Amazon and the United States Postal Service to change the way short-range cargo deliveries work. 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