FundedIQ
Manufacturing

ZeroAvia: Funding, Investors & Team (Aug 2026)

ZeroAvia is a company in the aviation industry established in 2017 by Val Miftakhov, who previously founded eMotorWerks, an electric vehicle battery startup. Before starting ZeroAvia, eMotorWerks was acquired by Enel, an energy conglomerate. As a licensed pilot, Miftakhov saw an opportunity to combine his passion for flying with his interest in electrification, aiming to revolutionize commercial transportation. ZeroAvia's goal is to promote environmental stewardship by introducing hydrogen-powered aircraft to the market. This innovative hydrogen-electric technology not only reduces carbon emissions and noise but also cuts down on fuel and maintenance costs for airlines. ZeroAvia's HyFlyer I project received support from the European Marine Energy Centre (EMEC) for test flights and airport infrastructure. The HyFlyer II project is designed to carry more passengers and cover longer distances, with plans to accommodate up to 100 passengers and travel over 1,000 miles by 2030. With a growing preference for sustainable transportation options and the impact of the COVID-19 pandemic on the airline industry, ZeroAvia is well-positioned to offer carbon-free travel alternatives. Partnering with British Airways, ZeroAvia aims to help the airline achieve its net-zero emissions target by 2050. Through a combination of series A funding and grant support from the UK government's Aerospace Technology Institute (ATI), ZeroAvia has secured a total of $49.7 million to bring hydrogen fuel cells to the market by 2023.

zeroavia.com LinkedIn Hollister, United States 251-500 employees
Aerospace Air Transportation CleanTech Industrial B2B B2C
Total raised
$111M
Rounds
8
Latest
Undisclosed round
Dec 2025

ZeroAvia has raised $111M across 8 funding rounds on record, the most recent an undisclosed round announced in Dec 2025.

ZeroAvia Company Profile and Key Stats

Total funding raised
$111M
across 8 rounds on record
Funding rounds on record
8
3 with no disclosed amount
Latest funding round
Undisclosed round
Dec 2025
Employees
251-500
reported band
Headquarters
Hollister, United States

Latest funding round on record: Dec 2025.

ZeroAvia Funding Rounds

Date
Round
Amount
Undisclosed round
Undisclosed
Undisclosed round
$12.1M
Series C
$34.0M
Undisclosed round
Undisclosed
Undisclosed round
Undisclosed
Undisclosed round
$350k
Series B
$30.0M
Series B
$35.0M

3 of 8 rounds were announced without a disclosed amount and are excluded from the total.

ZeroAvia raised $35.0M in a Series B announced in Dec 2021.

7 months later, a Series B of $30.0M was announced in Jul 2022.

11 months later, an undisclosed round of $350k was announced in Jun 2023.

3 months later, an undisclosed round was announced in Sep 2023 with no disclosed amount.

10 months later, an undisclosed round was announced in Jul 2024 with no disclosed amount.

2 months later, a Series C of $34.0M was announced in Sep 2024.

8 months later, an undisclosed round of $12.1M was announced in May 2025.

7 months later, an undisclosed round was announced in Dec 2025 with no disclosed amount.

ZeroAvia Founders and Leadership Team

Name
Role
Contact
Val Miftakhov
Founder
Locked

Contact details for the ZeroAvia team: 1 of 1 has an email address on file.

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ZeroAvia Funding Compared to Other Manufacturing Startups

Segment
Companies
Median round
1,058
$5.0M
29,722
$7.5M

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ZeroAvia Funding FAQs

What does ZeroAvia do?

ZeroAvia is a company in the aviation industry established in 2017 by Val Miftakhov, who previously founded eMotorWerks, an electric vehicle battery startup. Before starting ZeroAvia, eMotorWerks was acquired by Enel, an energy conglomerate. As a licensed pilot, Miftakhov saw an opportunity to combine his passion for flying with his interest in electrification, aiming to revolutionize commercial transportation. ZeroAvia's goal is to promote environmental stewardship by introducing hydrogen-powered aircraft to the market. This innovative hydrogen-electric technology not only reduces carbon emissions and noise but also cuts down on fuel and maintenance costs for airlines. ZeroAvia's HyFlyer I project received support from the European Marine Energy Centre (EMEC) for test flights and airport infrastructure. The HyFlyer II project is designed to carry more passengers and cover longer distances, with plans to accommodate up to 100 passengers and travel over 1,000 miles by 2030. With a growing preference for sustainable transportation options and the impact of the COVID-19 pandemic on the airline industry, ZeroAvia is well-positioned to offer carbon-free travel alternatives. Partnering with British Airways, ZeroAvia aims to help the airline achieve its net-zero emissions target by 2050. Through a combination of series A funding and grant support from the UK government's Aerospace Technology Institute (ATI), ZeroAvia has secured a total of $49.7 million to bring hydrogen fuel cells to the market by 2023.

How much funding has ZeroAvia raised?

ZeroAvia has raised $111M across 8 rounds on record.

When did ZeroAvia last raise funding?

ZeroAvia's most recent funding round on record was announced in Dec 2025. The amount was not disclosed.

Who founded ZeroAvia?

FundedIQ lists Val Miftakhov (Founder) at ZeroAvia.

Where is ZeroAvia headquartered?

ZeroAvia is based in Hollister, California, United States.

How many employees does ZeroAvia have?

ZeroAvia is in the 251-500 employee band.

About FundedIQ's ZeroAvia Funding Data

FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.

Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for ZeroAvia is left off this page rather than filled in.

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