Summary
Industry
Insights
ZeroAvia, based in London, aims to transform the aviation industry with its zero-emission propulsion technology for larger aircraft. By addressing the challenges of fossil fuel engines, such as carbon emissions, higher fuel costs, and regulatory penalties, ZeroAvia targets a critical and expanding market. Their B2B model offers sustainable and economically viable alternatives to current propulsion systems. Supported by investors like NEOM and Airbus Ventures, ZeroAvia has the financial backing and industry credibility to significantly reduce aviation's environmental impact. Their focus on clean propulsion technology aligns with the global move towards sustainable transportation.
Total Funding
$148M
- Series C (2023-01-01) $116M
- Series B (2021-01-01) $10.8M
- Series A (2020-01-01) $21.4M
Investors
Barclays Series C
Barclays Series C
NEOM Series C
Airbus Ventures Series C
UK Infrastructure Bank Series C
Breakthrough Energy Ventures Series B
SYSTEMIQ Series B
AENU Series B
SGH CAPITAL Series B