Beyond Aero Secures €20 Million Funding for Hydrogen-Powered Aircraft Development
Key Ideas
- Beyond Aero, based in Toulouse, France, secured €20 million in Series A funding co-led by Giant Ventures and Bpifrance to develop a hydrogen-powered business aircraft.
- The startup is focused on creating a hydrogen fuel cell technology and has invested in a hydrogen propulsion lab for powertrain prototypes.
- Beyond Aero conducted the first hydrogen-powered flight in France using a retrofitted light aircraft and has received 108 pre-orders worth nearly €1 billion.
- The total funding raised by Beyond Aero now stands at €44 million, supporting its mission to advance sustainable aviation with hydrogen technology.
French startup Beyond Aero has successfully closed a €20 million Series A funding round to further its development of a hydrogen-powered business aircraft. The funding was co-led by VC firm Giant Ventures and public investment bank Bpifrance, channeled through the Deeptech 2030 fund. Beyond Aero, based in Toulouse and a graduate of Y Combinator, is dedicated to creating a hydrogen-powered aircraft capable of carrying up to eight passengers over 800 nautical miles. The startup is actively working on its hydrogen fuel cell technology and has established a cutting-edge hydrogen propulsion lab for research and testing. Beyond Aero made history in France by completing the first hydrogen-powered flight using a two-seater aircraft, demonstrating the feasibility of its hydrogen-electric powertrains. With the additional funds raised, Beyond Aero has accumulated a total of €44 million and secured 108 pre-orders, signaling strong market demand for sustainable aviation solutions. The startup's progress highlights the growing interest and investment in hydrogen technology for the future of aviation.