H55 is a Swiss-based startup founded in 2017, with a mission to enable the aviation industry to reach net zero. The company focuses on developing certified electric propulsion systems for the aviation industry, emphasizing on their cleanliness, quietness, safety, and affordability. With a strong foothold in the manufacturing and space industries, H55 has received a significant Series C investment of Fr.65.00M on 24 July 2024, with the Government of Quebec stepping in as the investor. H55's innovative approach and substantial investment depict a promising future for the company's revolutionary solutions in the aviation sector.
Funding Stage | Amount | No. Investors | Investors | Date |
---|---|---|---|---|
Series C | Fr.65.00M | 1 | Government Of Quebec | 24 Jul 2024 |
Series C | Fr.45.00M | 3 | 21 Sep 2023 | |
Debt Financing | $10.00M | 1 | 08 Mar 2023 | |
Venture Round | Unknown | 1 | 11 Oct 2022 | |
Venture Round | Fr.20.00M | 2 | 03 Dec 2020 |