ZeroAvia Overview

  • Year Founded
  • 2018

Year Founded

  • Status
  • Private

  • Employees
  • 300

Employees

  • Latest Deal Type
  • Series C

  • Latest Deal Amount
  • $150M

  • Investors
  • 50

ZeroAvia General Information

Description

Developer of a zero-emission aviation powertrain designed to accelerate the world's transition to sustainable aviation. The company's powertrain delivers less emission using a hydrogen fuel-cell system in a limited-seat fixed-wing aircraft to utilize existing infrastructure and simplify regulatory issues along with lower fuel and maintenance costs, enabling aviation companies to reduce the cost and carbon dioxide emissions.

Contact Information

Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Corporate Office
  • 2615 94th Street SouthWest
  • Everett, WA 98204
  • United States
+1 (650)
Primary Industry
Air
Other Industries
Alternative Energy Equipment
Corporate Office
  • 2615 94th Street SouthWest
  • Everett, WA 98204
  • United States
+1 (650)

ZeroAvia Timeline

2022202320242025
Financing RoundCaptured Employee CountEstimated Employee Growth

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ZeroAvia Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
19. Later Stage VC (Series C) 12-Sep-2024 $150M Completed Generating Revenue
18. Grant 20-Aug-2024 Completed Generating Revenue
17. Grant 25-Jul-2024 Completed Generating Revenue
16. Accelerator/Incubator 01-Feb-2024 Completed Generating Revenue
15. Later Stage VC (Series B) 20-Jul-2022 Completed Generating Revenue
14. Accelerator/Incubator 19-Jul-2022 Completed Generating Revenue
13. Grant 01-Jul-2022 Completed Generating Revenue
12. Grant 11-Jan-2022 Completed Generating Revenue
11. Early Stage VC (Series A) 29-Jun-2021 $37.3M $75.1M Completed Generating Revenue
10. Accelerator/Incubator 01-Jan-2021 $37.8M Completed Generating Revenue
To view ZeroAvia’s complete valuation and funding history, request access »

ZeroAvia Cap Table

Stock # of Shares
Authorized
Par Value Dividend Rate (%) Original
Issue Price
Liquidation Liquidation
Pref. Multiple
Conversion Price % Owned
Series C
Series B-2
Series B-1
Series A4
Series A3
Series A2
Series A 9,280,600 $0.000100 8% $2.04 $2.04 1x $2.04 13.14%
Seed 2,077,053 $0.000100 8% $1.25 $1.25 1x $1.25 2.94%
To view ZeroAvia’s complete cap table history, request access »

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Opportunity Score

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Exit Type

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ZeroAvia Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Developer of a zero-emission aviation powertrain designed to accelerate the world's transition to sustainable aviation.
Air
Everett, WA
300 As of 2024

Long Beach, CA
 

Gothenburg, Sweden
 
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ZeroAvia Competitors (7)

One of ZeroAvia’s 7 competitors is Ampaire, a Venture Capital-Backed company based in Long Beach, CA.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Ampaire Venture Capital-Backed Long Beach, CA
Heart Aerospace Venture Capital-Backed Gothenburg, Sweden
Eviation Aircraft Venture Capital-Backed Arlington, WA
Pipistrel Corporate Backed or Acquired Ajdovscina, Slovenia
MagniX USA Formerly VC-backed Everett, WA
You’re viewing 5 of 7 competitors. Get the full list »

ZeroAvia Patents

ZeroAvia Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
US-12222073-B1 Interrogation of temperature sensitive coatings on fuel tank exterior Active 19-Apr-2024
US-20250083824-A1 Fuel cell integrated in wing leading edge Pending 12-Sep-2023
US-12000404-B1 Inrunner axial compressor Active 30-Aug-2023
US-20250074607-A1 Electrically-powered turbomachine assemblies Pending 30-Aug-2023
US-20250074619-A1 Fuel cell exhaust inerting for airships Pending 29-Aug-2023 B64B1/24
To view ZeroAvia’s complete patent history, request access »

ZeroAvia Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

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ZeroAvia Investors (50)

Investor Name Investor Type Holding Investor Since Participating Rounds
Airbus Group Corporation Minority
BNV Partners Venture Capital Minority
Itochu Corporation Minority
National Wealth Fund (United Kingdom) Sovereign Wealth Fund Minority
NEOM Investment Fund Venture Capital Minority
You’re viewing 5 of 50 investors. Get the full list »

ZeroAvia Acquisitions (1)

ZeroAvia’s most recent deal was a Merger/Acquisition with HyPoint for . The deal was made on 01-Oct-2022.

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
HyPoint 01-Oct-2022 Merger/Acquisition Aerospace and Defense
To view ZeroAvia’s complete acquisitions history, request access »

ZeroAvia FAQs

  • When was ZeroAvia founded?

    ZeroAvia was founded in 2018.

  • Where is ZeroAvia headquartered?

    ZeroAvia is headquartered in Everett, WA.

  • What is the size of ZeroAvia?

    ZeroAvia has 300 total employees.

  • What industry is ZeroAvia in?

    ZeroAvia’s primary industry is Air.

  • Is ZeroAvia a private or public company?

    ZeroAvia is a Private company.

  • What is the current valuation of ZeroAvia?

    The current valuation of ZeroAvia is .

  • What is ZeroAvia’s current revenue?

    The current revenue for ZeroAvia is .

  • How much funding has ZeroAvia raised over time?

    ZeroAvia has raised $297M.

  • Who are ZeroAvia’s investors?

    Airbus Group, BNV Partners, Itochu, National Wealth Fund (United Kingdom), and NEOM Investment Fund are 5 of 50 investors who have invested in ZeroAvia.

  • Who are ZeroAvia’s competitors?

    Ampaire, Heart Aerospace, Eviation Aircraft, Pipistrel, and MagniX USA are some of the 7 competitors of ZeroAvia.

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