Heart Aerospace is a Swedish startup founded in 2018, with a clear mission to decarbonize and democratize air travel. Their slogan, "Electrifying regional air travel." reflects their commitment to electrification as a means to bring down emissions and make flying accessible for many around the world. The company's focus on electric planes aims to unlock convenient and effective regional traveling, a market that has been challenging to profit sustainably. In February 2024, Heart Aerospace secured a significant $107.00M Series B investment from a consortium of notable investors including Y Combinator, EQT Ventures, Breakthrough Energy Ventures, Lowercarbon Capital, Norrsken VC, European Innovation Council, Sagitta Ventures, United Airlines Ventures, and Air Canada. This substantial investment underscores the industry's confidence in Heart Aerospace's vision and potential to revolutionize sustainable air travel.
Funding Stage | Amount | No. Investors | Investors | Date |
---|---|---|---|---|
Series B | $107.00M | 9 | United Airlines Ventures, Air Canada | 01 Feb 2024 |
Venture Round | Unknown | 1 | 01 Jan 2023 | |
Series A | $35.00M | 6 | Mesa Air Group | 13 Jul 2021 |
Grant | €2.50M | 1 | 23 Sep 2020 | |
Seed Round | kr20.00M | 5 | Kingsley Advani | 31 May 2019 |