BETA joined the Unicorn Club on May 19, 2021. Headquartered in South Burlington, Vermont, United States, the company designs and manufactures electric aircraft, flight control systems, charging infrastructure, and pilot training programs. Its goal is to accelerate the transition to sustainable aviation through electric vertical takeoff and landing (eVTOL) and conventional electric aircraft, supported by a growing network of charging solutions for both air and ground vehicles.
Keep reading to see how BETA became a billion-dollar pioneer in electric aviation.
What Is BETA and What Does It Do?
Founded in 2012, BETA focuses on developing electric aircraft and supporting systems that enable clean, efficient, and accessible flight. The company designs eVTOL and fixed-wing aircraft for various applications ranging from cargo transport to passenger mobility.
Beyond aircraft manufacturing, BETA provides nationwide charging infrastructure compatible with electric aircraft and ground EVs. It also delivers flight training programs to help pilots transition to electric aviation technology safely and efficiently.
How Much Funding Has BETA Raised?
- Series C and Earlier Rounds
- Cumulative Funding: ~$1.66 billion
- Purpose: Scale aircraft production, expand charging infrastructure, and develop pilot training programs
Latest Funding Round: Series C, September 3, 2025, $300 million
Lead Investors: Fidelity Investments, Qatar Investment Authority
Total Funding Raised: ~$1.66 billion
Latest Known Valuation: Undisclosed (Public stage)
Employee Count: 535 (as of December 31, 2023)
Key Investors
- Fidelity Investments
- Details: Global investment firm with a strong focus on innovation and sustainability.
- Focus Areas: Clean energy, transportation, and advanced manufacturing technologies.
- Qatar Investment Authority (QIA)
- Details: Sovereign wealth fund investing in transformative industries worldwide.
- Focus Areas: Mobility, aerospace, and renewable energy infrastructure.
Where Is BETA’s Headquarters?
BETA is headquartered in South Burlington, Vermont, United States. The company operates multiple facilities dedicated to aircraft design, battery research, and pilot training, as well as test sites that support its expanding network of charging stations across North America.
What’s Next for BETA?
BETA plans to scale up production of its eVTOL aircraft, enhance battery performance, and expand its charging network to serve both aviation and ground transport. The company also aims to strengthen regulatory partnerships and pilot training initiatives as it transitions toward commercial electric flight certification.
Get Investor & Funding Insights with TexAu
TexAu provides verified investor and funding data for companies like BETA. Discover insights into aerospace innovation, electric mobility, and sustainability-focused ventures that are redefining the future of air transport.
Sign up for Free on TexAu to access real-time investor and funding intelligence.
