Sustainability and Environment
Aura Aero Secures €50 million in Series B Funding Round
Electric aircraft developer has now raised almost $400 million
Aura Aero aircraft rendering against sky background
Aura Aero’s hybrid-electric regional airline concept, Era, was launched in 2021. Not accounting for inflation, is expected to cost between €10 and €15 million ($11.7 to $11.5 million) when it enters service around the end of the decade. © Aura Aero

French aircraft developer Aura Aero has completed its latest funding round, with an additional €50 million ($59 million) taking its total money raised to €340 million ($398 million). The Toulouse-based start-up said the Series B capital injection will support progress with three separate objectives: the first flight of its hybrid-electric regional ERA aircraft in late 2027, ramping up production of its already-certified Integral two-seat trainer, and the development of its Enbata drone.

The recently closed funding round—led by Safran Corporate Ventures—includes support from the French Tech Souveraineté fund (managed on behalf of the French government by Bpifrance), the European Innovation Council Fund (EIC Fund), Safran Corporate Ventures, Blast, Innovacom, and the EDF Group. Further national funding is coming from the France 2050 program and the company has also landed a €170 million ($199 million) grant from the U.S. state of Florida to support the development of a factory at Daytona Beach.

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