Heart Aerospace logo — Electrifying regional air travel.

Heart Aerospace

Electrifying regional air travel.

Founded 2018 Sweden Sweden 144 employees Series B Total: $164.65M Space

General Information

Company Name Heart Aerospace
Founded Year 2018
Location Sweden Sweden +1
Employees 144
Industries Space
Funding Stage Series B

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About Heart Aerospace

Heart Aerospace is a Swedish startup founded in 2018, with a clear mission to decarbonize and democratize air travel. Their slogan, "Electrifying regional air travel." reflects their commitment to electrification as a means to bring down emissions and make flying accessible for many around the world. The company's focus on electric planes aims to unlock convenient and effective regional traveling, a market that has been challenging to profit sustainably. In February 2024, Heart Aerospace secured a significant $107.00M Series B investment from a consortium of notable investors including Y Combinator, EQT Ventures, Breakthrough Energy Ventures, Lowercarbon Capital, Norrsken VC, European Innovation Council, Sagitta Ventures, United Airlines Ventures, and Air Canada. This substantial investment underscores the industry's confidence in Heart Aerospace's vision and potential to revolutionize sustainable air travel.

Taxonomy: Electric aviation, Regional air travel, Sustainable transportation, Electrification, Aircraft manufacturing, Decarbonization, Democratization of air travel, Business development, Commercial aviation, Transportation technology, Innovation, Market disruption, Certification process, Operational efficiency

Services & Products

Design and production of electric regional aircraft (ES-30)

Target Customers

Airlines regional airports investors sustainability-focused organizations

Funding Rounds & Investors (6)

View All
Funding Stage Amount Investors Lead Investors Date
Series B •••••• 9
Investor Investor Investor Investor Investor Investor Investor
•••• ••••
01 Feb 2024
Venture Round •••••• 1
Investor
01 Jan 2023
Series A •••••• 6
Investor Investor Investor Investor Investor
•••• ••••
13 Jul 2021
Grant •••••• 1
Investor
23 Sep 2020
Seed Round •••••• 5
Investor Investor Investor Investor
•••• ••••
31 May 2019

View All 6 Funding Rounds

Heart Aerospace Alternatives & Competitors

Heart Aerospace vs
Lucy
Lucy The Netherlands

Lucy is Europe’s first all-electric airliner

Seed
6 employees
Transportation
Heart Aerospace vs

Connecting the unconnected

6 employees
Space, Transportation
Heart Aerospace vs
Eviation Aircraft
Eviation Aircraft United States

The future is electric!

Grant
42 employees
Enterprise, Space

FAQ About Heart Aerospace

Electrifying regional air travel.
Heart Aerospace was founded in 2018.
Heart Aerospace is headquartered in Sweden.
Heart Aerospace operates in the following industries: Space.
Heart Aerospace has approximately 144 employees.
Heart Aerospace has completed 6 funding rounds, raising a total of $164.65M. The latest funding stage is Series B.
Heart Aerospace offers: Design and production of electric regional aircraft (ES-30).
Top alternatives and competitors to Heart Aerospace include Lucy, flyvbird - Smart flying, Eviation Aircraft, Vertical Aerospace, BluJ Aerospace Private Limited. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Heart Aerospace and Lucy are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

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