Beta Technologies has raised $318 million in a Series C funding as the electric aircraft pioneer looks to build out its charging network.
The round was led by Qatar Investment Authority (QIA), marking a significant milestone for the Vermont-based company.
Supported by long-time investors Fidelity and TPG Rise Climate, Beta has now secured more than $1 billion funding in total. This capital will drive the certification and production of Beta’s electric aircraft, along with its cutting-edge charging infrastructure.
Beta currently has a charging network of 35 locations with another 50 sites in development or permitting. The chargers are used by partners including Atlantic Aviation, Archer, and the Department of Defense and are designed to support both ground and air electric vehicles, helping lay the foundation for comprehensive, sustainable aviation infrastructure.
Founded in 2017, Beta has developed two types of electric aircraft: the ALIA CTOL, which takes off and lands conventionally, and the ALIA VTOL, a vertical takeoff and landing variant. Both models target cargo and passenger applications, serving commercial and military sectors alike.
Beta’s founder and CEO, Kyle Clark, sees this investment as a key step toward bringing clean aviation closer to reality. “This investment validates progress toward commercialising electric aviation,” Clark said. “We’re grateful for this shared vision.”
Beta plans to ramp up aircraft production at its Vermont facility and pursue FAA certification for both its aircraft and electric motors.
