BETA Technologies Secures $375 Million in Series B Funding to ...

Apr 20, 2022 · SOUTH BURLINGTON, VT -- April 20, 2022 -- BETA Technologies (“BETA” or “the Company”), developer of a fully integrated electric aviation system, has raised $375 million in a Series B ﬁnancing. The round, which was meaningfully oversubscribed, was led by TPG Rise …

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BETA Technologies Secures $375 Million In Series B Funding To ...

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Beta Technologies Lands Another $375 Million In Venture Funding

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Apr 20, 2022 · 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 …

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Aviation Startup Beta Technologies Raises $375 Million In Funding ...

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Apr 20, 2022 · 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. …

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Aircraft Startup Beta Raises $375 Million For Electric Cargo

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Apr 20, 2022 · Beta Technologies, an electric aircraft startup working with UPS and backed by Amazon AMZN, said it raised a further $375 million to prepare to build a fleet of cargo-delivery …

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Beta Technologies Raises $375 Million In Series B Funding

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Beta Technologies Raises $375 Million in Series B Funding. AUTHOR: VTTA . ... aircraft developer Beta Technologies announced it has raised $375 million in Series B funding, …

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EVTOL Startup Beta Technologies Raises $375 Million In Series B …

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Apr 20, 2022 · Vermont-based electric vertical takeoff and landing (eVTOL) aircraft developer Beta Technologies announced Wednesday it has raised $375 million in Series B funding, …

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Beta Technologies Closes Funding Round With $375 Million

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Apr 22, 2022 · Last year, Beta Technologies had already closed a US$368 million Series A funding round and won a contract from UPS Flight Forward. According to Forbes, Beta raised …

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Electric Aviation Startup Beta Technologies Raises $375 Million

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Apr 20, 2022 · Case in point: Beta Technologies, which announced a $375 million B round fundraise on Wednesday. The company specializes in electric vertical-takeoff-and-landing …

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Electric Aviation Startup Beta Technologies Raises $375 Million

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Jan 3, 2023 · Electric aviation startup Beta Technologies raises $375 million development ... (External) Electric aviation startup Beta Technologies raises $375 million. Related Posts. …

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Electric Flight: Beta Technologies Raises Another $375 Million

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Apr 24, 2022 · Beta Technologies, the electric aircraft company based in South Burlington, raised $375 million in a second round of financing, bringing its total financing to $796 million — an …

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BETA Technologies | Electric Aerospace Manufacturer

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More than 50 million people live within 50 miles of a BETA charge cube, and more than 30% of the US population lives within 100 miles. ... By PBS aviation correspondent Miles O'Brien. …

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Electric Planemaker Beta Technologies Raises Over $300 Mln In New …

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Oct 31, 2024 · Electric aerospace company Beta Technologies said on Thursday it had raised more than $300 million in equity capital to support the continued production of its all-electric …

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Beta Technologies Raised $318 Million For Its Production Facility

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Nov 5, 2024 · The latest capital raise of $318 million will be used to "propel" the certification of Beta's aircraft and electric motors, the company said. It will also directly support the continued …

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Electric Planemaker Beta Technologies Raises Over $300 Million In …

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Nov 1, 2024 · Electric aerospace company Beta Technologies said on Thursday it had raised more than $300 million in equity capital to support the continued production of its all-electric …

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North Bergen Receives $10M For Former High Tech High School

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Aug 6, 2021 · North Bergen will receive millions from the state toward opening a new high school campus at the site of the former High Tech High School on Tonnelle Ave., according to Mayor …

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FAQs about BETA Technologies Secures $375 Million in Series B Funding to ... Coupon?

How much money did Beta Technologies raise last year?

Last year, Beta Technologies had already closed a US$368 million Series A funding round and won a contract from UPS Flight Forward. According to Forbes, Beta raised around 800 million dollars to obtain approval for the Alia eVTOL aircraft from the Federal Aviation Administration. ...

How will beta's funding impact the aviation industry?

The funding could accelerate Beta's progress in the air transport industry as it works to lower carbon emissions. In an effort to reduce its climate impact, the global aviation industry is focusing on the advancement of sustainable aviation fuel and next-generation aircraft powered by electric, hybrid and hydrogen propulsion technologies. ...

How much money did beta raise in 2022?

The Vermont-based company raised $318 million in the Series C funding round, bringing the total raised to more than $1 billion to date. It did not disclose its new valuation. Beta closed a $375 million Series B funding round in 2022, led by TPG and including a second investment from Amazon's (AMZN.O) Climate Pledge Fund. ...

What's going on with Beta Technologies' alia eVTOL aircraft?

Beta Technologies, an electric aircraft startup, announced that they have raised an additional $375 million to prepare to build a fleet of Alia eVTOL cargo-delivery copters and the charging network they'll need to keep them powered up. ...

What is beta technology?

BETA Technologies is creating an electric transportation system that's quiet, safe, reliable and sustainable. A relentlessly focused team is building an extensive charging infrastructure and ALIA, the world's most technologically advanced electric vertical aircraft (EVA). BETA's platform and products are strikingly simple. ...

How is beta funded?

With customers across four major verticals and more than 600 aircraft in the backlog, BETA is funded by contracts (military), deposits (civil), charging sales, a federal financing from The Export-Import Bank of the U.S. and equity investment. ...