What is Heart Aerospace?
Heart Aerospace is a pioneering force in the aviation industry, dedicated to the electrification of regional flight. Its core product, the ES-30 aircraft, is engineered to deliver zero CO2 emissions on short-haul routes, effectively addressing the environmental impact of traditional regional aviation. By leveraging advanced battery technology, the company offers a compelling value proposition characterized by substantially lower operating costs and reduced noise profiles. These features enable the ES-30 to operate from smaller, regional airports, thereby unlocking new route opportunities that were previously economically or logistically unfeasible. As the aviation sector faces increasing pressure to meet net-zero targets, Heart Aerospace stands as a critical innovator, providing a scalable solution for sustainable, cost-effective regional connectivity.
How much funding has Heart Aerospace raised?
Heart Aerospace has raised a total of $142M across 2 funding rounds:
Series A
$35M
Series B
$107M
Series A (2021): $35M with participation from Mesa and Energy Ventures
Series B (2024): $107M led by The European Innovation Council, United Airlines, Y Combinator, Norrsken Vc, Breakthrough Energy Ventures, Lowercarbon Capital, SAGITTA Group, and Air Canada
Key Investors in Heart Aerospace
Breakthrough Energy Ventures
A mission-driven investment firm backed by global business leaders, focusing on companies that can significantly reduce emissions across key sectors including transportation.
Norrsken Vc
Europe's leading early-stage impact investor that supports startups addressing global challenges while achieving measurable business growth.
Lowercarbon Capital
A venture firm specializing in backing high-growth companies that focus on slashing CO2 emissions and developing carbon-removal technologies.
What's next for Heart Aerospace?
With the successful closure of this major enterprise-level funding, Heart Aerospace is poised to transition from the design and prototyping phase into more intensive manufacturing and certification processes. The strategic backing from major industry players and impact-focused venture firms provides not only the necessary capital but also the operational expertise required to navigate the complex regulatory landscape of commercial aviation. Future efforts will likely focus on scaling production capabilities for the ES-30 and deepening partnerships with regional carriers looking to modernize their fleets. As technology matures, the company is expected to further optimize its operating costs, solidifying its position as a leader in the emerging electric aviation market and setting a new standard for sustainable regional transport.
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