Founded
31 Dec 2017

Address

Zeroavia Inc
90 Skylane Drive
Hangar 1
Hollister, CA 95023
United States

Open Map

Business classification

VCID: 7314854
    Profile
    Founders

    Corporate information

    Official name
    Zeroavia Inc

    Registration country

    Official identities

    US CIK 0001816334

    Investment activity status
    Active investor

    Company type

    Developer and manufacturer of hydrogen-electric aircraft engines.

    Overview

    ZeroAvia is a leader in zero-emission aviation with the mission of delivering a hydrogen-electric engine in every aircraft as the most environmentally and economically friendly solution for addressing the industry's climate impact. The company is starting with engines to support a 300-mile range in 9–19 seat aircraft by the end of 2025, and up to 700-mile range in 40–80 seat aircraft by 2027. Founded in California and now with thriving teams also in Everett, WA and the United Kingdom, ZeroAvia has secured experimental certificates to test its engines in three separate testbed aircraft with the FAA and CAA and passed significant flight test milestones. The company has signed a number of key engineering partnerships with major aircraft OEMs and has nearly 2,000 pre-orders for engines from a number of the major global airlines, with future revenue potential over $10bn.

    Current employees

    [node:title] photo Valery Miftakhov founder

    Funding rounds

    Series C USD 116,000,000


    USD 116,000,000 (27 Nov 2023)
    Funding to accelerate the certification of the Company's first engines and advance R&D that will scale the clean propulsion technology for larger aircraft.

    Profile Country Notes
    Airbus Group Initial investment. Led the round.
    Barclays Sustainable Impact Capital United Kingdom Initial investment. Led the round.
    NEOM Investment Fund Saudi Arabia Initial investment. Led the round.
    UK Infrastructure Bank United Kingdom Initial investment. Led the round.
    Alaska Air Group Inc Airline holding company. United States Initial investment. Round participant.
    Amazon Climate Pledge Fund United States Initial investment. Round participant.
    AP Ventures LLP United Kingdom Initial investment. Round participant.
    Breakthrough Energy Ventures LLC Manager of a venture capital fund "focused on fighting climate change by investing in clean energy innovation." United States Initial investment. Round participant.
    Ecosystem Integrity Fund Venture capital firm that invests in early growth stage companies contributing to environmental sustainability. United States Initial investment. Round participant.
    Horizons Ventures Venture capital firm owned by Hong Kong billionaire Li Ka-shing Hong Kong SAR China Initial investment. Round participant.
    Summa Equity AB Private equity firm. Sweden Initial investment. Round participant.

    Current and past shareholders

    Investor Contacts Round
    Airbus Group logo Airbus Group
    Series C
    Alaska Airlines Inc logo Alaska Air Group Inc
    Airline holding company.
    Series C
    Amazon Climate Pledge Fund logo Amazon Climate Pledge Fund
    Series C
    AP Ventures LLP logo AP Ventures LLP
    Series C
    Barclays Sustainable Impact Capital logo Barclays Sustainable Impact Capital
    Series C
    Breakthrough Energy Ventures LLC logo Breakthrough Energy Ventures LLC
    Manager of a venture capital fund "focused on fighting climate change by investing in clean energy innovation."
    +1 (425) 497-4303
    Series C
    Ecosystem Integrity Fund logo Ecosystem Integrity Fund
    Venture capital firm that invests in early growth stage companies contributing to environmental sustainability.
    Series C
    Horizons Ventures logo Horizons Ventures
    Venture capital firm owned by Hong Kong billionaire Li Ka-shing
    Series C
    NEOM Investment Fund logo NEOM Investment Fund
    Series C
    Summa Equity logo Summa Equity AB
    Private equity firm.
    Series C
    UK Infrastructure Bank logo UK Infrastructure Bank
    Series C