The funding round was co-led by Airbus, Barclays Sustainable Impact Capital, and NEOM.
Other participants included Bill Gates Breakthrough Energy Ventures, Alaska Airlines, and the Amazon Climate Pledge Fund.
Based out of Kemble, UK, and Hollister, California, ZeroAvia developshydrogen-electricfuel cell propulsion architecture for aircraft.

The funding will allow it to keep working on its first product, the ZA600.
Fuelled by gaseous hydrogen tanks, it will be able to carry passengers up to 300NM (555.6km).
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It will also allow the company to continue work on the 2-5.4MW modular powertrain ZA2000 program.
This will first be used to retrofit a Dash 8 400 76-seat testbed aircraft, supplied by Alaska Airlines.
Story byLinnea Ahlgren
Linnea is the senior editor at TNW, having joined in April 2023.

Dabbles in gaming and fitness wearables.
But first, coffee.