Kirkland & Ellis advised electric aerospace company BETA Technologies, Inc. on the raise of $318 million in Series C equity capital. QIA led the raise, and several of BETA’s largest investors, including Fidelity Management & Research Company and TPG Rise Climate increased their ownership in BETA. Longtime customer United Therapeutics has also joined this round as an investor. To date, BETA has raised more than $1 billion in equity capital. The new investment supports BETA’s continued momentum certifying, producing and deploying all-electric aircraft and infrastructure, serving both commercial and military customers across cargo, logistics, medical and passenger applications. Read the transaction press release The Kirkland team included corporate lawyers Adam Phillips, Chris Burwell, Mohammed Banjari, David Feirstein and Ravi Agarwal; capital markets lawyers Matt Pacey and Jennifer Wu; international trade & national security lawyers Ivan Schlager and Erika Krum; and technology & IP transactions lawyer Daniel Lewis.