TPG and Fidelity led a $180m Series B round in Beta Technologies.

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.