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ZeroAvia completes financing to industrialise electric propulsion system
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ZeroAvia completes financing to industrialise electric propulsion system

ZeroAvia has completed a further round of financing, led by Barclays Climate Ventures, Breakthrough Energy Ventures, Ecosystem Integrity Fund, Horizons Ventures, Summa Equity and AP Ventures, with participation from the National Wealth Fund and the Scottish National Investment Bank. With additional investment secured, ZeroAvia has extended its cash runway for the next two years and will continue to fully industrialize its hydrogen power and propulsion technology for the aviation market.