GE Aviation, Mitsubishi HC Capital, Tencent and Waltzing Matilda Aviation were among the investors in the hydrogen-powered aircraft developer’s latest round.
US-based sustainable aircraft developer Universal Hydrogen has received $62m in an oversubscribed funding round that included a host of corporate investors.
Internet technology group Tencent was among the investors in the round, as were charter plane operator Waltzing Matilda Aviation and GE Aviation, the aircraft engine manufacturing arm of industrial product conglomerate General Electric.
The round also featured Mitsubishi HC Capital, a vehicle resulting from a merger earlier this year between leasing services firm Mitsubishi UFJ Lease & Finance and…
