Boom Supersonic, a Denver, CO-based aerospace startup, completed a $100m Series B funding.
The round was led by Emerson Collective, with participation from Sunstone Venture Capital Fund, Y Combinator Continuity, Caffeinated Capital, and SV Angel as well as founders and early backers of companies like Google, Airbnb, Stripe, and Dropbox.
The company intends to use the funds to continue to prototype construction and testing.
Led by Blake Scholl, chief executive officer and founder, Boom Supersonic is developing a supersonic aircraft for passenger travel. Boom’s planned airliners would feature 55 seats with seat-mile costs similar to currently available subsonic business class. The planes could shuttle passengers between London and New York City in just longer than three hours, flying at more than double the speed of sound.
The company boasts 30 orders from Virgin Atlantic Airways and Japan Airlines.