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beyond-aero-raises-20m-to-propel-hydrogen-powered-business-jets
© Beyond Aero
beyond-aero-raises-20m-to-propel-hydrogen-powered-business-jets
© Beyond Aero

Beyond Aero raises $20m to propel hydrogen-powered business jets

Franco-American hydrogen aviator Beyond Aero has raised an additional $20m in a Series A round led by Giant Ventures and the French Sovereign Fund (Bpifrance).

Seeing participation from Initialized Capital, the founders of Airbnb and Dropbox; Nate Blecharczyk and Arash Ferdowsi; as well as “several high-profile athletes,” the round brings the company’s total raised capital to $44m.

With plans of developing the first hydrogen-powered electric business aircraft, the Toulouse-headquartered aviator completed France’s “first” manned fully hydrogen-electric test flight in February.

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