Aero raises $65M for its semi-private airline

Aero Technologies, which describes itself as a “next-generation air travel company” which currently operates on a limited number of routes in the U.S. and Europe, today announced that it has raised $65 million, with $50 million of those as a Series B funding round co-led by Albacore Capital Group and $15 million in convertible notes. Expa and Keyframe Capital, as well as new investor Capital One Ventures also participated in this route. The company, which previously raised a $20 series A round in 2021, now has a valuation of $300 million.
The company operates a fleet of 16-seat Emb

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