H55, a pioneer in certified electric propulsion technologies, secures CHF 45 Million in Series C funding round

22.09.2023 15:18, Rita Longobardi

The funding, led by ND Capital, Tippet Venture Partners, RTX Ventures, and notable private backers, will further consolidate the company’s leading position as a major provider of certified electric propulsion aviation technologies.

H55 is at the forefront of revolutionizing the aviation industry with its electric propulsion technologies. The company’s innovative solutions are designed to enhance the sustainability, efficiency, and safety of the aerospace sector. The successful closure of the Series C financing round marks a significant milestone in H55’s journey to create a cleaner, greener future for aviation.

The latest round of financing demonstrates the unwavering confidence of investors in H55’s vision and potential. The secured funds will be deployed to finance H55’s ongoing infrastructure investments including building a factory in its recently established Montreal, Quebec facility, moving to semi and automated production in the company’s production facilities in Switzerland and Canada and opening a subsidiary in Toulouse, France. These financial resources will also expedite the development and commercialization of H55’s electric aviation technologies, encompassing advanced propulsion systems and state-of-the-art battery technologies.

“We are deeply grateful to our investors for their belief in our mission of changing the historical economic and technological paradigms associated with air transportation”, says Martin Larose, CEO of H55. “H55’s electric propulsion systems have gained widespread acclaim for their exceptional performance and positive environmental impact. This new financing round will help to expand our footprint in both the North American and European markets and continue to reinforce our position as a leading enabler in clean aviation. A great team and a great group of investors, the perfect team to bring clean aviation to a new level,” continued Martin.

H55’s Electric Propulsion Systems have garnered widespread acclaim for their exceptional performance and positive environmental impact. By significantly reducing carbon emissions and noise pollution, H55 is propelling the aviation industry towards a cleaner, more sustainable future, contributing to global efforts to combat climate change and to meet net zero carbon emissions for air transportation.

H55 was ranked among the TOP 100 Swiss Startups in 2018 and 2019.


H55 team: Carine De La Sayette (Head of Programs), Emmanuelle Doux (Head of Human Resources), Lawrence Blakeley (COO), Stéphane Fallot (Head of Finance), Martin Larose (CEO), André Borschberg (Co-Founder and Executive Chairman), Sebastien Demont (Co-Founder & CTO), and Gregory Blatt (Co-Founder & Chief Sales Marketing Officer)