# Beta Technologies: Aerospace, South Burlington, United States

> Beta Technologies: Beta Technologies manufactures electric vertical takeoff and landing (eVTOL) aircraft and recharging pad systems.

Source: https://millionrounds.com/startup/beta-technologies (Millionrounds; every figure on the page links to its filing or article)

United States · [Aerospace startup](https://millionrounds.com/companies)

# Beta Technologies

Beta Technologies manufactures electric vertical takeoff and landing (eVTOL) aircraft and recharging pad systems.

Funding reported Last round: Debt financing

Aerospace South Burlington, United States

Company summary

- **Founded:** 2017 9 years old
- **Team:** 501 201 to 1,000 people
- **Funding reported:** $1.1B in dollars
- **Last round:** Debt financing Nov 2023

How sure we are

- ✓ **Listed** We know it exists and what it does
- 2 **Funding reported** A company dataset reports a raise
- 3 **Observed** A filing or a dated announcement confirms a round

No round for Beta Technologies has been confirmed by a filing or an announcement yet, so nothing here counts toward an investor's record. [How we decide](https://millionrounds.com/methodology)

## What company datasets say Beta Technologies raised

Funding, as reported

Reported in all **$1.1B** in dollars

Rounds **4**

Last round **Debt financing**

Last round date **Nov 2023**

Investors listed **5**

Valuation **$2.0B, Oct 2024**

## Founders and team

From Beta Technologies's own website: 18 on the team.

- **Kyle Clark** Chief Executive Officer & Board Member
- **Blain Newton** Chief Information Officer
- **Brian Dunkiel** Chief Legal Officer & Corporate Secretary
- **Dr. David Churchill** Chief Technical Officer & Board Member
- **Herman Cueto** Chief Financial Officer
- **Sean Donovan** Chief Operating Officer
- **Brettan Martelle** Head of Airworthiness
- **Chip Palombini** Head of Product
- **Chris Caputo** Head of Flight Operations & Safety
- **Jill Gagne** Head of Program Operations
- **Matt Riley** Head of People and Human Resources
- **Simon Newitt** Global Head of Sales
- **Amy Gowder** Director
- **Chuck Davis** Chair, Director
- **Dr. Martine Rothblatt** Director
- **John Abele** Director
- **John Slattery** Director
- **Mike Stone** Director

Advisers *Chris Timchak*

## On 4 portfolio pages

Investors who name them

- [Standish Spring Investments](https://millionrounds.com/fund/standish-spring-investments)
- [Up Partners](https://millionrounds.com/fund/up-partners)
- [PWV](https://millionrounds.com/fund/pwv)
- [Preston-Werner Ventures](https://millionrounds.com/fund/preston-werner-ven)

Each firm lists Beta Technologies on its own website. That is the firm's claim, a weaker thing than a round we watched, but a named source.

## Aerospace in United States

Startups like it

- [**Abra Group** Miami · founded 2023](https://millionrounds.com/startup/abra-group)
- [**Karman Space & Defense** Huntington Beach · founded 2021](https://millionrounds.com/startup/karman-space-and-defense)
- [**VMO Aircraft Leasing** San Francisco · founded 2021](https://millionrounds.com/startup/vmo-aircraft-leasing)
- [**Phoenix Aviation Capital** Stamford](https://millionrounds.com/startup/phoenix-aviation-capital)
- [**ABL Space Systems** El Segundo · founded 2017](https://millionrounds.com/startup/abl-space-systems)
- [**Eve Air Mobility** Fort Lauderdale · founded 2020](https://millionrounds.com/startup/eve-air-mobility)
- [**Wisk Aero** Mountain View · founded 2010](https://millionrounds.com/startup/wisk-aero)
- [**Aquila Air Capital** New York · founded 2021](https://millionrounds.com/startup/aquila-air-capital)

## Is this your company?

Add your raise, your deck and your story, and put Beta Technologies in front of investors. Or tell us what we have wrong.

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