StoryFunding
Ampaire closes $19M Series B led by DiamondStream, with Alaska Airlines and IAG as strategic investors
Ampaire closed a $19 million Series B funding round led by DiamondStream Partners with strategic participation from Alaska Airlines and International Airlines Group (IAG), bringing total funding to $68 million including non-dilutive grants and contracts. Proceeds support type certification, production scale-up and expanded fleet operations under the FAA's Expanded Innovative Propulsion Program.