JetZero, the U.S.-based start-up designing the world’s first commercial all-wing airplane set to enter commercial service in the early 2030s, has raised approximately $175 million in its Series B financing, led by B Capital, a global multi-stage investment firm.
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United Airlines Ventures, Northrop Grumman, 3M Ventures, Trucks VC and RTX Ventures, the corporate venture capital arm of RTX, among others, also participated in the round. To date, JetZero has raised and secured commitments of more than $1.0 billion, including government grants, incentives and commercial commitments.
The new capital will accelerate the development of JetZero’s full-size Demonstrator, a prototype designed to achieve at least 30% improved aerodynamics compared to traditional tube and wing aircraft. The Demonstrator is on track for its first flight in 2027.
JetZero was co-founded in 2020 by start-up veteran Tom O’Leary and aerospace legend Mark Page.
With up to 50% better fuel efficiency and lower carbon emissions compared to existing commercial airliners, JetZero’s Z4 will offer the aviation industry a clear path to achieving its 2050 net-zero goals while also elevating the passenger experience. Working alongside the US Air Force, NASA, and the FAA, and backed by decades of investment and research into blended wing technology.
