ZeroAvia is an aviation company focusing on zero-emission sustainability practices. With a mission to improve commercial aircraft engines, ZeroAvia is working to scale electronic flights for cost reduction and decreased carbon dioxide emissions. Other features included with ZeroAvia’s engines are hydrogen planes, hydrogen fuel cells, multi-stack fuel cells, and silicon carbide inverters. ZeroAvia was founded by Val Miftakhov in 2017 and is headquartered in San Francisco, CA.
Funding Date | Share Class | Amount Raised | Price per Share | Post-Money Valuation | Key Investors | |
---|---|---|---|---|---|---|
09/12/2024 | Series C | $150MM | $xx.xx | $662.66MM | Airbus, Alaska Airlines, Amazon Climate Pledge Fund, American Airlines, Ap Ventures, Barclays Sustainable Impact Capital, Breakthrough Energy Ventures, Ecosystem Integrity, Horizons Ventures, Iag, Itochu Corporation, Neom, Scottish National Investment Bank, Summa Equity, UK Infrastructure Bank | |
Price per Share
$xx.xx
Shares Outstanding
15,486,269
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Airbus, Alaska Airlines, Amazon Climate Pledge Fund, American Airlines, Ap Ventures, Barclays Sustainable Impact Capital, Breakthrough Energy Ventures, Ecosystem Integrity, Horizons Ventures, Iag, Itochu Corporation, Neom, Scottish National Investment Bank, Summa Equity, UK Infrastructure Bank
|
||||||
07/20/2022 | Series B-2 | $36.8MM | $xx.xx | $456.06MM | Aenu, Barclays Sustainable Impact Capital, Iag, Neom | |
Price per Share
$xx.xx
Shares Outstanding
4,221,440
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Aenu, Barclays Sustainable Impact Capital, Iag, Neom
|
||||||
12/13/2021 | Series B-1 | $35.41MM | $xx.xx | $406.69MM | Alaska Air Group, Amazon Climate Pledge Fund, Ap Ventures, Breakthrough Energy Ventures, Horizons Ventures, Shell Ventures, Summa Equity, United Airlines | |
Price per Share
$xx.xx
Shares Outstanding
4,301,046
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Alaska Air Group, Amazon Climate Pledge Fund, Ap Ventures, Breakthrough Energy Ventures, Horizons Ventures, Shell Ventures, Summa Equity, United Airlines
|
||||||
03/31/2021 | Series A-4 | $38MM | $xx.xx | $256.43MM | Breakthrough Energy Ventures, Ecosystem Integrity, Horizons Ventures, Shell Ventures, Summa Equity, Systemiq | |
Price per Share
$xx.xx
Shares Outstanding
6,777,501
Liquidation Pref Order
2
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Breakthrough Energy Ventures, Ecosystem Integrity, Horizons Ventures, Shell Ventures, Summa Equity, Systemiq
|
||||||
12/17/2020 | Series A-2 | $4.47MM | $xx.xx | $82MM | Breakthrough Energy Ventures, Climate Pledge Fund, Ecosystem Integrity, Horizons Ventures, Shell Ventures, Summa Equity | |
Price per Share
$xx.xx
Shares Outstanding
3,029,068
Liquidation Pref Order
2
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Breakthrough Energy Ventures, Climate Pledge Fund, Ecosystem Integrity, Horizons Ventures, Shell Ventures, Summa Equity
|
||||||
12/17/2020 | Series A-3 | $3.12MM | $xx.xx | $82MM | Breakthrough Energy Ventures, Climate Pledge Fund, Ecosystem Integrity, Horizons Ventures, Shell Ventures, Summa Equity | |
Price per Share
$xx.xx
Shares Outstanding
1,703,189
Liquidation Pref Order
2
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Breakthrough Energy Ventures, Climate Pledge Fund, Ecosystem Integrity, Horizons Ventures, Shell Ventures, Summa Equity
|
||||||
12/17/2020 | Series A | $18.92MM | $xx.xx | $82MM | Breakthrough Energy Ventures, Climate Pledge Fund, Ecosystem Integrity, Horizons Ventures, Shell Ventures, Summa Equity | |
Price per Share
$xx.xx
Shares Outstanding
9,280,600
Liquidation Pref Order
2
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Breakthrough Energy Ventures, Climate Pledge Fund, Ecosystem Integrity, Horizons Ventures, Shell Ventures, Summa Equity
|
||||||
11/05/2018 | Series Seed | $2.6MM | $xx.xx | $8.65MM | Undisclosed Investors | |
Price per Share
$xx.xx
Shares Outstanding
2,077,053
Liquidation Pref Order
2
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Undisclosed Investors
|