Announced
Completed
Financials
Sources
Tags
Friendly
Single Bidder
Private
Minority
Completed
Domestic
Acquisition
Aerospace
electric aircraft
United States
Private Equity
Venture Capital
Synopsis
TPG Capital and Fidelity Management and Research Company led a $180m Series B round in Beta Technologies, a Vermont-based eVTOL startup. "This support allows us to complete the construction of our production facilities and accelerate our certification work to create a greener and more efficient future for all applications of aviation, starting with cargo and logistics and moving to passenger missions immediately thereafter," Kyle Clark, Beta Founder and CEO.
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