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, Barclays Sustainable Impact Capital, NEOM, Breakthrough Energy Ventures, Horizons Ventures, Alaska Airlines, Ecosystem Integrity, Summa Equity, AP Ventures, Amazon Climate Pledge Fund, Scottish National Investment Bank, American Airlines, IAG, ITOCHU Corporation, 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
N/A
Key Investors
Airbus, Barclays Sustainable Impact Capital, NEOM, Breakthrough Energy Ventures, Horizons Ventures, Alaska Airlines, Ecosystem Integrity, Summa Equity, AP Ventures, Amazon Climate Pledge Fund, Scottish National Investment Bank, American Airlines, IAG, ITOCHU Corporation, UK Infrastructure Bank
|
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07/20/2022 | Series B-2 | $36.8MM | $xx.xx | $456.06MM | Barclays Sustainable Impact Capital, NEOM, AENU, IAG | |
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
N/A
Key Investors
Barclays Sustainable Impact Capital, NEOM, AENU, IAG
|
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12/13/2021 | Series B-1 | $35.41MM | $xx.xx | $406.69MM | United Airlines, Alaska Air Group, Amazon Climate Pledge Fund, AP Ventures, Breakthrough Energy Ventures, Horizons Ventures, Summa Equity, Shell Ventures | |
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
N/A
Key Investors
United Airlines, Alaska Air Group, Amazon Climate Pledge Fund, AP Ventures, Breakthrough Energy Ventures, Horizons Ventures, Summa Equity, Shell Ventures
|
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03/31/2021 | Series A-4 | $38MM | $xx.xx | $256.43MM | Horizons Ventures, Breakthrough Energy Ventures, Ecosystem Integrity, 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
N/A
Key Investors
Horizons Ventures, Breakthrough Energy Ventures, Ecosystem Integrity, Shell Ventures, Summa Equity, SYSTEMIQ
|
||||||
12/17/2020 | Series A-3 | $3.12MM | $xx.xx | $82MM | Summa Equity, Shell Ventures, Horizons Ventures, Ecosystem Integrity, Climate Pledge Fund, Breakthrough Energy Ventures | |
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
N/A
Key Investors
Summa Equity, Shell Ventures, Horizons Ventures, Ecosystem Integrity, Climate Pledge Fund, Breakthrough Energy Ventures
|
||||||
12/17/2020 | Series A-2 | $4.47MM | $xx.xx | $82MM | Summa Equity, Shell Ventures, Horizons Ventures, Ecosystem Integrity, Climate Pledge Fund, Breakthrough Energy Ventures | |
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
N/A
Key Investors
Summa Equity, Shell Ventures, Horizons Ventures, Ecosystem Integrity, Climate Pledge Fund, Breakthrough Energy Ventures
|
||||||
12/17/2020 | Series A | $18.92MM | $xx.xx | $82MM | Summa Equity, Shell Ventures, Horizons Ventures, Ecosystem Integrity, Climate Pledge Fund, Breakthrough Energy Ventures | |
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
N/A
Key Investors
Summa Equity, Shell Ventures, Horizons Ventures, Ecosystem Integrity, Climate Pledge Fund, Breakthrough Energy Ventures
|
||||||
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
N/A
Key Investors
Undisclosed Investors
|