How Much Did H55 Raise?
Funding & Key Investors

H55, a pioneer in the development of electric propulsion systems for the aviation sector, has successfully secured a significant capital injection to accelerate its mission of achieving net-zero emissions by 2050. The company, which traces its technological lineage to the historic Solar Impulse project, has reached a total funding amount of $123.1M. This latest major strategic investment, totaling $73.5M, underscores the growing market confidence in H55's ability to deliver certified electric propulsion solutions for both general aviation and regional transport platforms.

The recent financing round highlights the company's transition from experimental development to industrial-scale deployment. By focusing on high-efficiency electric power management, H55 is positioning itself as a critical infrastructure provider for OEMs and operators looking to modernize their fleets through both new aircraft designs and comprehensive retrofit programs.

What is H55?

H55
ManufacturingAerospace & Defense

H55 is an aerospace technology firm specializing in the design and certification of electric propulsion systems. The company's core value proposition lies in its ability to provide modular, high-performance electric powertrains that replace traditional combustion engines, thereby reducing the carbon footprint of the aviation industry. Their flagship project, the Bristell B23 Energic, serves as a proof-of-concept for the viability of electric pilot training aircraft. By leveraging deep expertise in battery management and power distribution, H55 addresses the urgent demand for sustainable aviation solutions, catering to a global client base that includes major aerospace manufacturers and regional transport operators.

How much funding has H55 raised?

H55 has raised a total of $123.1M across 2 funding rounds:

2023

Series C

$49.6M

2024

Series C

$73.5M

Series C (2023): $49.6M with participation from RTX, ND Capital, and Tippet Venture Partners

Series C (2024): $73.5M led by Investissement Quebec

Key Investors in H55

Investissement Quebec

A government-backed investment corporation focused on fostering economic development and job creation through strategic equity investments and financial solutions.

RTX

A global aerospace and defense leader providing advanced systems, including electric power management and engine components for commercial and military aviation.

ND Capital

A Swiss-based financial firm providing targeted capital and investment support to foster growth within specialized industrial and technology sectors.

What's next for H55?

With the infusion of this latest capital, H55 is poised to scale its manufacturing capabilities and deepen its certification efforts for larger aircraft segments. The strategic roadmap involves expanding the reach of its propulsion technology into regional transport, a move that requires rigorous safety testing and regulatory alignment. As the aviation industry faces increasing pressure to decarbonize, H55's focus on modular, adaptable technology provides a competitive edge in the race to electrify short-haul flights. Future growth will likely center on deepening partnerships with global OEMs to integrate H55 systems into next-generation airframes, ensuring the company remains at the forefront of the clean energy transition in aerospace.

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Frequently Asked Questions Regarding H55 Financial Insights

What are the most recent funding rounds that H55 has completed, and what were the funding rounds?
H55 has recently completed 2 funding rounds: Series C on Jul 24, 2024, Series C on Sep 22, 2023.
What is the total amount of funding H55 has raised to date?
H55 has raised a total of $123.1M in funding to date.
How many funding rounds has H55 completed?
H55 has completed 2 funding rounds.
How much funding did H55 raise in its most recent funding round?
H55 raised $73.5M in its most recent funding round.
Who are the lead investors in H55's latest funding round?
The lead investor in H55's latest funding round was Investissement Quebec. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in H55's history?
The largest funding round in H55's history was $73.5M.
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