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Fidelity and Amazon's Climate Pledge Fund led a $368m Series A funding round in BETA Technologies.

Synopsis

Fidelity Management & Research and Amazon's Climate Pledge Fund led a $368m Series A funding round in BETA Technologies, a Vermont-based aerospace and electric aircraft manufacturer. "These funds allow us to continue hiring the best talent, meet aggressive certification milestones, ramp up production of ALIA, and accelerate the rollout of an extensive high-speed universal charging infrastructure," Kyle Clark, BETA Founder and CEO.

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