Heart Aerospace raises $107m for hybrid-electric plane technology

Cecilia Keating
clock • 2 min read
Heart Aerospace raises $107m for hybrid-electric plane technology

Air Canada, United Airlines, and Bill Gates' venture capital fund Breakthrough Energy Ventures take part in series B fundraise

Swedish hybrid-electric plane maker Heart Aerospace has announced it has raised $107m in funding to develop hybrid electric planes that could decarbonise regional air travel in Europe. Among the investors...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

Cecilia Keating
Author spotlight

Cecilia Keating

View profile
More from Cecilia Keating

Why the Women in Green Business Awards is more important than ever

'Simplicity is key': Behind the scenes at UK direct air capture start-up Mission Zero Technologies

More on Aviation

Royal Mail halves number of domestic flights
Aviation

Royal Mail halves number of domestic flights

Grounding of flights on 18 domestic routes estimated to save 30,000 tonnes of carbon dioxide emissions a year

Stuart Stone
Stuart Stone
clock 15 April 2025 • 2 min read
Government gives green light to controversial Luton Airport expansion plan
Aviation

Government gives green light to controversial Luton Airport expansion plan

Government argues it is 'anti aviation emissions, not flying' but environmental groups warn move risks driving up emissions, air pollution, and noise

Michael Holder
Michael Holder
clock 03 April 2025 • 5 min read
Lift off: Low emission drones and flying taxis allocated £20m of government funding
Aviation

Lift off: Low emission drones and flying taxis allocated £20m of government funding

Fresh investment aims to support development of low carbon aviation ecosystem, with eco-friendly air taxis slated to take off from 2028

Stuart Stone
Stuart Stone
clock 02 April 2025 • 4 min read