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ZeroAvia announces completion of $116m Series C funding round
KEMBLE, England and HOLLISTER, Calif., Nov. 27, 2023 - ZeroAvia today announced that it has completed its Series C funding round at a total of $116m.
The UK Infrastructure Bank joins the round as a cornerstone-level investor alongside co-leads Airbus, Barclays Sustainable Impact Capital and NEOM Investment Fund (NIF) as announced in September, with the Series C round set to accelerate the company’s journey to certification of its first engines and advance R&D that will scale the clean propulsion technology for larger aircraft.