ZeroAvia

ZeroAvia

Private
San Carlos, CaliforniaMobility, Transportation & Logisticshttps://www.zeroavia.com

Last Round

Series D

12/22/2025

Total Funding Raised

$722.9M

Company Overview

ZeroAvia is a sustainable aviation company that develops zero-emission powertrains to facilitate the transition to eco-friendly air travel through hydrogen fuel-cell technology in fixed-wing aircraft.

Sector

Mobility, Transportation & Logistics

Verticals

Aviation & Drones, Clean Transportation, Alternative Fuels

Business Model

B2B

Customer Profile

Hardware Sales, Government Contracts, Services & Consulting, Usage-Based SaaS

AI Layer

Non-AI

Keywords

hydrogen-electric powertrainhydrogen aviationzero-emission aviationhydrogen fuel cellsustainable aviationclean aviationhydrogen enginehydrogen planeaircraft retrofittingelectric aircraft motorhydrogen refuelingaviation decarbonizationregional jetpower-by-the-hourPBH

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Caplight Momentum Score

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ZeroAvia Comps

Public and private peers based on sector, stage, and business model.

CompanyStatusEst. ValuationRev Multiple
OpenAIPrivate$86.0B~40x
CoherePrivate$5.0B--
Competitor 1Public$XX.XBXXx
Competitor 2Public$XX.XBXXx

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ZeroAvia Funding Rounds

Historical fundraising activity

RoundDateAmount RaisedValuationInvestorsSources
Series D12/22/2025
Grant6/17/2025
Grant3/25/2025
Series C Extension9/12/2024
Series C9/12/2024
Grant
1/22/2024

Key People

Founding team and executive leadership

Val Miftakhov

Founder CEO

Founding Team

Paul Murphy

Chief Technology Officer, Propulsion

Executive Team

Georgy Egorov

Chief Financial Officer

Executive Team

ZeroAvia Investors

Notable investors and investment history

InvestorRounds
Innovate UKGrant
Barclays Climate VenturesSeries C, Series D
Horizons VenturesVC Round, Series B, Series C, Series A, Seed, Series C Extension, Series A Extension, Series D
UK governmentGrant
International Consolidated Airlines GroupSeries C
Amazon's Climate Pledge FundVC Round, Series B, Series A, Series C, Series C Extension
Breakthrough Energy FoundationSeries A Extension

Market signals

Structured signals derived from secondary market and firmographic data.

  • Mar 4, 2026

    Partnering with Korea Atomic Energy Research Institute on hydrogen storage systems.

  • Mar 1, 2026

    Developing the ZA200 propulsion system, a key program.

ZeroAvia Filings

SEC and related filings with document metadata.

TypedDateAmount OfferedAmount SoldFillingPagesDownload
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ZeroAvia Filings

SEC and related filings with document metadata.

Frequently Asked Questions

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Firmographic Details

HeadquartersSan Carlos, California
Employee Range266
Year Founded2017
Last Funding12/22/2025

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