March 23, 2017

Aerospace startup Boom Technology raises $33M

CENTENNIAL — Boom Technology, a Centennial-based startup that is working to develop an affordable supersonic jet, has raised $33 million in new funding.

The Denver Post reports that the company seeks to build a plane — dubbed the XB-1 — that can travel from New York to London in three hours and 15 minutes, achieving a speed of Mach 2.2.

Boom’s latest round of funding came from 8VC, Caffeinated Capital, Palm Drive Ventures, RRE Ventures and Y Combinator, according to the Post, and brought the company’s total funding to $41 million.

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CENTENNIAL — Boom Technology, a Centennial-based startup that is working to develop an affordable supersonic jet, has raised $33 million in new funding.

The Denver Post reports that the company seeks to build a plane — dubbed the XB-1 — that can travel from New York to London in three hours and 15 minutes, achieving a speed of Mach 2.2.

Boom’s latest round of funding came from 8VC, Caffeinated Capital, Palm Drive Ventures, RRE Ventures and Y Combinator, according to the Post, and brought the company’s total funding to $41 million.

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