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.
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