Tech Company Financing Transactions
ZeroAvia Funding Round
On 7/20/2022, ZeroAvia received $30 million in Series B funding from AENU, Barclays and International Airlines Group.
Transaction Overview
Company Name
Announced On
7/20/2022
Transaction Type
Venture Equity
Amount
$30,000,000
Round
Series B
Proceeds Purpose
The company intends to use the funds for building infrastructure at airport sites, which will support live demonstrations of its Hydrogen Airport Refueling Ecosystem (HARE), in preparation for routes carrying passengers and cargo in the next handful of years.
Company Information
Company Status
Private & Independent
Industry
Alternative Energy
Mailing Address
90 Skylane Dr.
Hollister, CA 95023
USA
Hollister, CA 95023
USA
Phone
Undisclosed
Website
Email Address
Overview
ZeroAvia is building the World's first practical zero emission aviation powertrain, based on the electric propulsion powered by the hydrogen fuel cell system. Initially focusing on 500-mile zero emission travel in a 10-20 seat regional aircraft, the company's unique approach results in 4x lower fuel and engine maintenance costs.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Valery Miftakhov
Chief Financial Officer
Katya Akulinicheva
Controller
Julia Batishcheva
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