Deal date
KANDO id: 14395830
Financial Transaction:
Series C
Zeroavia Inc
Currency
United States Dollar
Value in original currency
116,000,000
Value in USD
116,000,000
Note
Funding to accelerate the certification of the Company's first engines and advance R&D that will scale the clean propulsion technology for larger aircraft.
Lead investor
| Investor | Country | Notes | |
|---|---|---|---|
|
Airbus Group |
Initial investment. | |
|
Barclays Sustainable Impact Capital |
United Kingdom | Initial investment. |
|
NEOM Investment Fund(NIF) |
Saudi Arabia | Initial investment. |
|
UK Infrastructure Bank |
United Kingdom | Initial investment. |
Round participants
| Investor | Country | Notes | |
|---|---|---|---|
|
Alaska Airlines IncScheduled passenger air transportation |
United States | Initial investment. |
|
Amazon Climate Pledge Fund(Amazon Climate Fund) |
United States | Initial investment. |
|
AP Ventures LLP |
United Kingdom | Initial investment. |
|
Breakthrough Energy Ventures LLC(BEV) |
United States | Initial investment. |
|
Ecosystem Integrity Fund(EIF)Venture capital firm that invests in early growth stage companies contributing to environmental sustainability. |
United States | Initial investment. |
|
Horizons VenturesVenture capital firm owned by Hong Kong billionaire Li Ka-shing |
Hong Kong SAR China | Initial investment. |
|
Summa Equity ABPrivate equity firm. |
Sweden | Initial investment. |