What is ZeroAvia?
ZeroAvia is a pioneering force in the zero-emission aviation industry, specializing in hydrogen-electric powertrain solutions. The company is engineered to address the urgent need for sustainable air travel, targeting a range of 300 miles for 9-19 seat aircraft and extending to 1000 miles for 40-80 seat aircraft. By securing experimental certificates from both the CAA and FAA, ZeroAvia has demonstrated technical viability and regulatory compliance. Its market position is further bolstered by deep-rooted partnerships with major aircraft OEMs and global airlines, positioning the firm as a critical infrastructure provider in the global transition to net-zero aviation.
How much funding has ZeroAvia raised?
ZeroAvia has raised a total of $392M across 7 funding rounds:
Series A
$21.4M
Multiple Rounds
$75.6M
Unspecified
$115M
Series B
$30M
Series C
$150M
Series A (2020): $21.4M with participation from Horizons Ventures, Summa Equity, Ecosystem Integrity Fund, Amazon Climate Pledge Fund, Breakthrough Energy Ventures, and Shell Ventures
Grant (2021): $16.3M led by Aerospace Technology Institute, Department for Business Energy & Industrial Strategy, and Innovate UK
Other Financing Round (2021): $24.3M supported by British Airways and Horizons Ventures
Unspecified (2021): $35M featuring Amazon, Alaska Airlines, Summa Equity, Horizons Ventures, AP Ventures, United Airlines, Breakthrough Energy Ventures, and Shell Technology Ventures, Inc (extinct
Unspecified (2022): $115M backed by British Airways, United Airlines, Amazon, and Alaska Airlines
Series B (2022): $30M with participation from NEOM, Barclays Sustainable Impact Capital, and AENU
Series C (2024): $150M led by ITOCHU, Scottish National Investment Bank, International Airlines Group, Barclays, American Airlines, and Airbus
Key Investors in ZeroAvia
Airbus
Europe's largest aeronautics and space company, Airbus focuses on developing next-generation aircraft that are lighter, safer, and more fuel-efficient.
Breakthrough Energy Ventures
A mission-driven investment firm backed by global business leaders, focused on funding technologies that significantly reduce emissions across key industrial sectors.
Amazon
A global leader in e-commerce and cloud computing that actively invests in sustainable technologies to support its long-term climate pledge and operational decarbonization.
What's next for ZeroAvia?
Looking ahead, ZeroAvia is focused on the commercialization of its hydrogen-electric engines, with a clear roadmap toward operational deployment. The recent influx of capital will likely be directed toward scaling manufacturing capabilities and expanding its footprint within the UK and US markets. As the company moves closer to its 2024 commercialization targets, the focus will shift from R&D to supply chain optimization and fleet integration. Continued collaboration with the Jet Zero Council and major airline partners will be essential for navigating the complex regulatory landscape and achieving the long-term goal of decarbonizing regional and short-haul air travel.
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