BluJ Aero Bags Funding To Create Sustainable Freight Aircraft
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BluJ Aero Bags Funding To Create Sustainable Freight Aircraft

27 Jun'23 | By
BluJ Aero Bags Funding To Create Sustainable Freight Aircraft
SUMMARY

The startup is going to use the funding for developing a vertical take-off and landing (VTOL) aircraft powered by hydrogen fuel cell technology

This is the startup’s first equity funding for developing its maiden commercial product

Currently BluJ Aero has nine employees and plans to have 20 by the end of 2023

Aerospace startup BluJ Aero has bagged more than $2 Mn in a seed funding round led by  Endiya Partners and Ideaspring Capital, with participation from Rainmatter Foundation. 

The startup is going to use the funding for developing a vertical take-off and landing (VTOL) aircraft powered by hydrogen fuel cell technology.

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