Swiss-based H55 secures €46.7M to accelerate electric aviation technologies

Switzerland-based electric propulsion aviation provider H55 announced that it has raised CHF 45M (€46,68M) in the first part of its Series C round of funding. Founded by a team of experienced engineers and aerospace experts, H55 aims to revolutionise the aviation industry by enabling sustainable air travel through certified electric propulsion and battery management systems for various aircraft. Its products are designed to enhance the aerospace sector’s sustainability, efficiency, and safety. The latest round was led by ND Capital, Tippet Venture Partners, and RTX Ventures, along with the participation of other prominent private investors.