FutureFlight
ZeroAvia Raises Additional $30 Million in Series B Funding Round
The hydrogen-electric aircraft developer ZeroAvia has raised an additional $30 million from new investors, the company announced July 20 at the Farnborough International Airshow.
A rendering of ZeroAvia's hydrogen-electric aircraft
ZeroAvia has raised another $30 million from investors to develop its hydrogen-electric powertrains. (Credit: ZeroAvia)

The hydrogen-electric aircraft developer ZeroAvia has raised an additional $30 million from new investors, the company announced this week at the Farnborough International Airshow.

Its new investors include Barclays Sustainable Impact Capital, the Saudi zero-carbon city project Neom, and the Berlin-based technology fund AENU. International Airline Groups, which has previously invested in ZeroAvia, has also increased its holdings. ZeroAvia says it has now raised a total of $68 million in its Series B funding round, following investments made by United Airlines and Alaska Airlines in December.