Zeroavia Raises Further $35 Million For Zero-Emission Flight Technology,Taking Total Raised To $115 Million
Amount Raised
$35 Million
Round Type
Funding Round
EnglandManufacturingInformation TechnologyGovernment And MilitaryAerospaceDescription
As the company moves closer to commercialization of its hydrogen-electric technology, ZeroAvia has secured a new raise of $35 million to help develop its 2-5MW zero-emission powertrain system for regional aviation. As announced today, United Airlines has invested in ZeroAvia through this round, and our agreement with United anticipates an order for 50 ZA2000-RJ engines, with an option for 50 more. United joins an already announced new investor, Alaska Air Group, in this round, alongside existing investors Amazon's Climate Pledge Fund, AP Ventures, Breakthrough Energy Ventures, Horizons Ventures, Summa Equity, and Shell Ventures. This brings the company's total investment to date up to $115 million.
Quick answer
ZeroAvia raised $35 Million in a Funding Round round, dated December 13, 2021. ZeroAvia is based in England, United Kingdom.
- How much did ZeroAvia raise?
- ZeroAvia raised $35 Million in a Funding Round round on December 13, 2021.
- What does ZeroAvia do?
- ZeroAvia is developing full hydrogen-electric engines for existing commercial aircraft and also supplying hydrogen and electric propulsion component technologies for novel battery, hybrid and hydrogen-electric air..
- Where is ZeroAvia based and how big is it?
- ZeroAvia is based in England, United Kingdom. Fundz records about 300 employees.
- Who are the decision-makers at ZeroAvia?
- Fundz holds 2 contacts at ZeroAvia, including the Head of Power Electronics. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Government And Military and Aerospace around the same time
Companies in the same sectors as ZeroAvia that raised within 45 days of this round, from Fundz verified event records.
- Electra.aero raised an undisclosed amount (Series A) on January 18, 2022.
- Hadrian raised $36M on January 7, 2022.
- Stoke Space raised $65M on December 21, 2021.
- Stoke Space raised $65M (Series A) on December 15, 2021.
- Lightpath raised an undisclosed amount (Funding Round) on December 9, 2021.
- First Breach, Inc. raised $16M (Funding Round) on December 9, 2021.
Who to call at ZeroAvia, and when
A new round usually means ZeroAvia is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day ZeroAvia raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at ZeroAvia, from your own LinkedIn network
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Fundz sees it the moment ZeroAvia raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
Related People
ZeroAvia raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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