Startup · Switzerland
H55
HQ Sion, SwitzerlandFounded 201751-200 employees
Enabling the aviation industry to reach net zero by 2050 by developing electric propulsion systems that are clean, safe and affordable.
Funding7 rounds · ~$72.6M
- Equity raised
- ~$72.6M
- Debt, secondaries & grants
- ~$7.3M
- Latest
- UndisclosedSeries C · Jul 24, 2024
| Announced | Stage | Amount | Valuation | Lead investors | Other investors | Confidence |
|---|---|---|---|---|---|---|
| Jul 24, 2024 | Series C | Undisclosed | — | — | Investissement Quebec | Confirmed |
| Sep 21, 2023 | Series C | ~$50.1M | — | ND Capital (+ND Capital), RTX Ventures, Tippet Venture Partners | — | Confirmed |
| Mar 8, 2023 | Debt | ~$7.3M | — | Canada Economic Development for Quebec Regions | — | Confirmed |
| Oct 11, 2022 | Strategic | Undisclosed | — | RTX Ventures | — | Confirmed |
| Dec 3, 2020 | Undisclosed | ~$22.5M | — | ND Capital (+ND Capital), Tippet Venture Partners | — | Reported |
| Jun 30, 2019 | Grant | Undisclosed | — | — | — | Speculative |
| Feb 20, 2018 | Undisclosed | Undisclosed | — | — | — | Speculative |
- UndisclosedJul 24, 2024
- ~$50.1MSep 21, 2023
- ~$7.3MMar 8, 2023
- UndisclosedOct 11, 2022
- Undisclosed~$22.5MDec 3, 2020
- GrantSpeculativeUndisclosedJun 30, 2019
- UndisclosedSpeculativeUndisclosedFeb 20, 2018
Raised counts equity rounds; debt, secondary sales and grants are totaled separately. Amounts in other currencies are converted at the announcement month's average rate. A ~ marks an estimated or converted amount.
People5
- Andre Borschberg · LinkedIn ↗
Co-Founder and Executive Chairman
- Dominique Steffen · LinkedIn ↗
Co-Founder / Testpilot
- Gregory Blatt · LinkedIn ↗
Co-Founder
- Sebastien Demont · LinkedIn ↗
Co-Founder & CTO
- Thomas Pfammatter · LinkedIn ↗
Founder
Sources12
Show all 12 sources and supporting evidence
Profile5
- 1DatabaseH55 - PitchBook company profile
PitchBook · Supports Organization · employee range, Organization · founded year, Organization · linkedin url, Organization · x url
“employee_range: 51-200 (profile: 120)”
- 2
Sixth-Domain · Supports Organization · country, Organization · kind
“{"country": "Switzerland", "hq_iso2": "CH", "id": "a4c36df8-1bfc-48cd-b0ad-8d0851d9fe7f"}”
- 3DatabaseH55 - LinkedIn company profile
LinkedIn · Supports Organization · employee range, Organization · founded year, Organization · hq city, Organization · linkedin url
“employee_range: 51-200 (profile: 51-200 employees)”
- 4DatabaseH55 - Owler company profile
Owler · Supports Organization · founded year, Organization · hq city, Organization · linkedin url, Organization · x url
“founded_year: 2017”
- 5
H55 · Supports Organization · description, Organization · name, Organization · website
“Enabling the aviation industry to reach net zero by 2050 by developing electric propulsion systems that are clean, safe and affordable.”
Funding6
- 6
H55 · Jul 24, 2024 · Supports Funding round, Organization · ownership
“The Series C financing round closed at CHF 65 million including the first phase announced last year.”
- 7
Startupticker.ch · Sep 21, 2023 · Supports Funding round · amount
“securing CHF 45 million in financing”
- 8
Canada Economic Development for Quebec Regions · Mar 8, 2023 · Supports Funding round · amount
“announced a repayable contribution of $10,000,000 for H55 Canada Inc.”
- 9
RTX / PR Newswire · Oct 11, 2022 · Supports Funding round
“has made a minority investment in electric propulsion system company”
- 10
Avionews · Dec 3, 2020 · Supports Funding round · amount
“H55 has secured CHF 20 million from existing and new investors”
- 11
People1
- 12DatabaseH55 - Crunchbase company profile
Crunchbase · Supports Organization · hq city, Organization · x url, Role
“hq_city: Sion”
Each fact on this page is attached to the sources that support it. Archived copies are linked when we keep one.