# Beta Technologies

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/beta-technologies

- Industry: Aerospace
- Headquarters: South Burlington, US
- Website: www.beta.team
- Total disclosed funding: $976M
- Latest round: Series C (Oct 24, 2024)
- Investors on record: 6

## About

Founded in 2017 in Vermont, US, Beta Technologies Inc. . provides innovative electric aviation solutions aimed at transforming transportation by offering sustainable, efficient aircraft for cargo and passenger travel. In December 2025, Beta Technologies, Inc. raised USD 1 billion in an IPO, selling 29.8 million shares at?USD 34 per share at NYSE, under the ticker "BETA". Beta Technologies primarily focuses on developing and manufacturing electric flight solutions, particularly through its flagship products: the ALIA VTOL (Vertical Takeoff and Landing) and ALIA CTOL (Conventional Takeoff and Landing) aircrafts. These all-electric aircrafts cater to sectors such as logistics, medical transport, and military operations, featuring a range of 336 nautical miles and cargo capacities of 200 cubic feet. Notable clients include Air New Zealand and military partners like the U.S. Department of Defense, with operations extending to regions including New Zealand and Norway. Beta Technologies generates revenue through military contracts, partnerships, and direct sales to commercial clients. The company has a backlog of over 600 aircrafts. Revenue streams are derived from direct sales agreements, government contracts, and financing from institutions such as the Export-Import Bank of the United States, supporting a business model that emphasizes both B2B transactions and collaborations.

## Funding rounds

- Series C, Oct 24, 2024, $318M — TPG, Qatar Investment Authority, Fidelity Investments, United Therapeutics Corporation
- Series B, Apr 4, 2022, $375M — TPG, Fidelity Investments, Gaingels
- Series A, May 18, 2021, $282M — Fidelity Investments, Amazon

## Investors

- Fidelity Investments (https://capitalatlas.ai/funds/fidelity-investments) — Series A, Series B, Series C
- Amazon (https://capitalatlas.ai/funds/amazon) — Series A
- TPG (https://capitalatlas.ai/funds/tpg) — Series B, Series C
- Gaingels (https://capitalatlas.ai/funds/gaingels) — Series B
- Qatar Investment Authority (https://capitalatlas.ai/funds/qatar-investment-authority) — Series C
- United Therapeutics Corporation — Series C