Beyond Aero raises $20m to propel hydrogen-powered business jets
Summary
Franco-American hydrogen aviator Beyond Aero has raised an additional $20m in a Series A round led by Giant Ventures and the French Sovereign Fund (Bpifrance).Seeing participation from Initialized Capital, the founders of Airbnb and Dropbox; Nate Blecharczyk and Arash Ferdowsi; as well as several high-profile athletes, the round brings the companys total raised capital to $44m.With plans of developing the first hydrogen-powered electric business aircraft, the Toulouse-headquartered aviator completed Frances first manned fully hydrogen-electric test flight in February.
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