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Startup · United States

ZeroAvia

HQ HollisterFounded 2017201-500 employees

Powering Sovereign and Clean Skies Hydrogen Power Generation Systems Hydrogen-Electric Powertrains Advanced Technologies ZeroAvia is developing ...

Website

Funding12 rounds · ~$312M

Equity raised
~$312M
Debt, secondaries & grants
$45.1M
Latest
~$62.5MStage undisclosed · Dec 22, 2025
Last valuation
$338MPost-money · Stage undisclosed · Dec 22, 2025
Cumulative raised$312M
Dec 16, 2020Dec 22, 2025
Valuation over time$338M · Dec 22, 2025
Valuation over timeReported valuation fell from $663M (Sep 12, 2024) to $338M (Dec 22, 2025) across 2 valued rounds. All are post-money.
Valuations by round
AnnouncedStageValuationBasis
Sep 12, 2024Series C$663MPost-money
Dec 22, 2025Undisclosed$338MPost-money
View all 12 funding rounds →

Raised counts equity rounds; debt, secondary sales and grants are totaled separately. Amounts in other currencies are converted at the announcement month's average rate. A ~ marks an estimated or converted amount.

Systems12

Fuel Cell PowerPod

Hydrogen fuel-cell power package combining a fuel-cell module and gaseous hydrogen storage.

Maturity not rated
View all 12 systems →

Newest unveiled first. Open a system for its milestone timeline, components and sources.

  • Val Miftakhov

    founder and CEO

Sources22

Show all 22 sources and supporting evidence

Profile3

  1. 1

    Sixth-Domain · Supports Organization · country, Organization · kind

    “{"country": "USA", "hq_iso2": "US", "id": "f864f607-a894-4682-a1fc-ff8cb9c4bb68"}”
  2. 2

    Owler · Supports Organization · employee range, Organization · founded year, Organization · hq city, Organization · linkedin url, Organization · x url

    “employee_range: 201-500 (profile: 250 - 500)”
  3. 3

    ZeroAvia · Supports Organization · description, Organization · name, Organization · website

    “Powering Sovereign and Clean Skies Hydrogen Power Generation Systems Hydrogen-Electric Powertrains Advanced Technologies ZeroAvia is developing ...”

Systems4

  1. 4
    CompanyCivil

    ZeroAvia · Supports System

    “## GH2 Mobile Storage & Dispensing Vehicle Unique GHMSD including an integrated compressor and cascade fill architecture. Delivers substantial increase in usable H2 capacity and reduction in refuel journeys.”
  2. 5

    ZeroAvia · Supports System

    “## Meet the ZA2000 ### Clean, lower cost propulsion for regional turboprops such as ATR and Dash 8 families A cutting-edge 2-5MW modular hydrogen-electric powertrain designed to revolutionize regional air travel. Retrofitted for 40-80 seat turboprops, this innovative system is powered by liquid hydrogen tanks, offering a sustainable and efficient solution for aviation.”
  3. 6

    ZeroAvia · Supports System, System · system input:silicon-carbide

    “## Single Silicon Carbide (SiC) Inverter The inverter is a Silicon Carbide (SiC)-based, high-efficiency system, specifically designed for aviation at high-altitude and unpressurized areas. It converts HVDC voltage to three-phase AC power, offering a high level of segregation and fault tolerance.”
  4. 7

    ZeroAvia · Supports System

    “The ZA200 is a high power density fuel cell power generation system designed to meet the demanding requirements of aerospace applications. Its modular architecture enables flexible integration and scalable performance across a wide range of civil and defense use cases.”

Funding14

  1. 8

    ZeroAvia (PR Newswire) · Dec 22, 2025 · Supports Funding round

    “today announced that it has completed a further round of financing”
  2. 9

    Fuelcellsworks · Nov 6, 2025 · Supports Funding round

    “ZeroAvia Successful in €21M European Union Grant Application”
  3. 10

    gasworld · Nov 6, 2025 · Supports Funding round · amount

    “ZeroAvia has secured €21.4m ($24.6m) from the EU Innovation Fund”
  4. 11

    ZeroAvia · Jun 16, 2025 · Supports Funding round

    “grant towards a £10.8m project to develop a novel liquid hydrogen management system”
  5. 12

    Forge Global · Sep 12, 2024 · Supports Funding round · amount, Funding round · post money valuation usd

    “12/22/2025 Series C-2 Prime $62.5M $2.76 $338.11M”
  6. 13

    ZeroAvia · Sep 12, 2024 · Supports Funding round · amount, Organization · ownership

    “extended its Series C financing to a total of $150m”
  7. 14

    ZeroAvia · Aug 19, 2024 · Supports Funding round · amount

    “awarded $4.2 million in US federal funding”
  8. 15

    ZeroAvia (PR Newswire) · Nov 27, 2023 · Supports Funding round · amount

    “has completed its Series C funding round at a total of $116m”
  9. 16

    ZeroAvia · Sep 18, 2023 · Supports Funding round

    “have co-led the company’s latest financing round”
  10. 17

    Aerospace Global News · Jul 20, 2022 · Supports Funding round · amount

    “ZeroAvia has announced $30 million in funding from new investors Barclays Sustainable Impact Capital, NEOM and AENU”
  11. 18

    ZeroAvia · Dec 13, 2021 · Supports Funding round · amount

    “has secured a new raise of $35 million to help develop its 2–5MW zero-emission powertrain system for regional aviation”
  12. 19

    ZeroAvia (PR Newswire) · Jun 29, 2021 · Supports Funding round · amount

    “ZeroAvia has also secured an additional $13 million for its 50+ seat engine development program”
  13. 20

    TechCrunch · Dec 16, 2020 · Supports Funding round · amount

    “has just received some corporate jet fuel in the form of a new $21.4 million cash infusion”
  14. 21

    FinSMEs · Dec 16, 2020 · Supports Funding round · amount

    “The $21.4m in Series A round was led by Breakthrough Energy Ventures and Ecosystem Integrity Fund”

People1

  1. 22

    ZeroAvia · Supports Role

    “Hollister, Calif. & Kemble, UK, April 28th, 2022 : Val Miftakhov, founder and CEO of ZeroAvia, the leader in developing zero-emission solutions for commercial aviation, has been invited to attend the World Economic Forum (WEF) annual meeting in Davos, Switzerland.”

Each fact on this page is attached to the sources that support it. Archived copies are linked when we keep one.