St Baker Energy Innovation Fund, a private equity investor, IP Group, an IP commercialization company, TelstraSuper, a profit-for-members superannuation fund, and Hostplus, an industry superannuation fund, led a $23m Series A funding round in AMSL Aero, an electric Vertical Take Off & Landing aircraft developer. “The founders are pioneers of the electric aircraft industry in Australia and are at the forefront of Australia’s future fleet of energy-efficient air transport options. Whilst operating in a competitive space, AMSL Aero has a clear pathway to market, which does not rely heavily on yet to be proven technological advancements. AMSL Aero’s eVTOL technology is world class, holding its own against international competition and guided by Andrew and Siobhan, AMSL Aero is well on the way to flying certified flights in coming years,” Rodger Whitby, St Baker Energy Innovation Fund CEO.