Qatar Investment Authority led a $318m Series C round in BETA Technologies.

Qatar Investment Authority, the sovereign wealth fund of the State of Qatar, led a $318m Series C round in BETA Technologies, an electric aerospace company, with participation from Fidelity Management & Research Company and TPG Rise Climate. “At QIA, we seek out companies that are well-positioned to become category leaders by addressing critical challenges with innovative solutions. BETA is a leader in the electric aviation market and our participation in this funding round is fully aligned with QIA’s efforts to invest in the companies that are making the energy transition a reality," Mohammed Al-Sowaidi, QIA Chief Investment Officer for Americas.