Atlanta-based aerospace startup Hermeus raises $16M Series A in race to hypersonic speeds

Atlanta-based aerospace startup Hermeus raises $16M Series A in race to hypersonic speeds

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Hermeus, an Atlanta-based hypersonic jet company intent on making air travel five-times faster, has raised $16 million in Series A funding led by Canaan Partners.   Rich Boyle, of Canaan Partners, will join the board of directors. Canaan Partners joins Khosla Capital, Bling Capital and Revolution’s Rise of the Rest Seed Fund as investors.  The funding will help Hermeus develop and test an engine that could power a Mach 5 aircraft, which can fly at more than 3,000 miles per hour, according…

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