aVenture is in Alpha: aVenture recently launched early public access to our research product. It's intended to illustrate capabilities and gather feedback from users. While in Alpha, you should expect the research data to be limited and may not yet meet our exacting standards. We've made the decision to temporarily present this information to showcase the product's potential, but you should not yet rely upon it for your investment decisions.
aVenture is in Alpha: aVenture recently launched early public access to our research product. It's intended to illustrate capabilities and gather feedback from users. While in Alpha, you should expect the research data to be limited and may not yet meet our exacting standards. We've made the decision to temporarily present this information to showcase the product's potential, but you should not yet rely upon it for your investment decisions.
© aVenture Investment Company, 2024. All rights reserved.
44 Tehama St, San Francisco, CA 94105
Privacy Policy
aVenture Investment Company ("aVenture") is an independent venture capital research platform providing detailed analysis and data on startups, venture capital investments, and key industry individuals.
While we strive to provide valuable insights with objectivity and professional diligence, we cannot guarantee the accuracy of the information provided on our platform. Before making any investment decisions, you should verify the accuracy of all pertinent details for your decision.
aVenture does not offer investment advisory services and is not registered as an investment adviser. The data provided by aVenture does not constitute recommendations or advice, whether by methodology or a statement written by a staff member of aVenture.
Links to external websites do not imply endorsement or affiliation with aVenture. References or links to providers offering the ability to invest in a primary or secondary transaction in a company are for convenience purposes only. They are not solicitations or offers to buy or sell an investment. Remember that past performance does not guarantee future results, and venture capital and private assets should be a contributory part of a diversified portfolio.
Swedish startup Heart Aerospace designs electric planes with a 250-mile range, targeting a 2025 passenger flight certification.
Heart Aerospace, a Swedish startup, is revolutionizing regional air travel by designing electric airplanes with an all-electric range of 250 miles. Their flagship product, a 19-passenger aircraft, aims for certification under EASA CS-23 and FAA Part 23 by 2025. The company focuses on zero CO2 emissions, lower operating costs, and enhanced connectivity through short runway capabilities and low noise levels. Heart Aerospace has secured letters of intent with major airlines like Scandinavian Airlines SAS, BRA, and Wideroe for over 86 planes.
Heart Aerospace has made significant strides in the aviation industry, positioning itself as a leader in sustainable air travel. Their partnerships with prominent airlines underscore their credibility and market potential. By targeting a 2025 certification for passenger flights, Heart Aerospace is set to make a substantial impact on reducing carbon emissions and operational costs in regional air travel. The company's innovative approach and strategic alliances highlight its commitment to transforming the future of aviation.
Operating Status
Active
Ownership Type(s)
Venture Capital
Main Product(s)
Electric Airplanes
Technology
Electric
Tags
Cleantech
Model Types
Hardware
Revenue Type(s)
Recurring
Customer Type(s)
Enterprise
When was Heart Aerospace founded?
Heart Aerospace was founded in 2018.
Where is Heart Aerospace’s headquarters located?
Heart Aerospace’s headquarters is located in Gothenburg, SE.
When was Heart Aerospace’s last funding round?
Heart Aerospace’s most recent funding round was for $107M (USD) in February 2024.
How many employees does Heart Aerospace have?
Heart Aerospace has 130 employees as of Feb 17, 2024.
How much has Heart Aerospace raised to-date?
As of July 05, 2023, Heart Aerospace has raised a total of $164.7M (USD) since Feb 1, 2024.
Add Comparison
Total Raised to Date
$164.7M
USD
Last Update Feb 1, 2024
Last Deal Details
$107M
USD
Feb 1, 2024
Series B
Total Employees Over Time
130
As of Feb 2024
Heart Aerospace Address
Gothenburg,
Sweden
Source(s): This page includes data and analysis provided by the company, OpenAI, and our research analysts