When was ZeroAvia founded?

ZeroAvia was founded in 2018 and raised its 1st funding round 1 year after it was founded.

Where is ZeroAvia located?

ZeroAvia is headquartered in Everett, United States. It is registered at 90 Skylane Dr, Hangar 1, Hollister, CA 95023 3101 111th St SW, Suite Q, Everett, WA 98204.

How many employees does ZeroAvia have?

As of Apr 30, 2026, the latest employee count at ZeroAvia is 223.

Is ZeroAvia a funded company?

ZeroAvia is a funded company, having raised a total of $348M across 14 funding rounds to date. The company's 1st funding round was a $***** Grant (prize money) round, raised on Sep 18, 2019.

How much is ZeroAvia worth?

The latest valuation of ZeroAvia is $***** as of May 09, 2024.

When was the latest funding round of ZeroAvia?

ZeroAvia's latest funding was a $***** Series C round on Dec 22, 2025, with participation from 8 investors. Its primary sector is Aerospace Tech. In United States, the Aerospace Tech sector has seen $2.39B in funding in 2026 to date.

Where does ZeroAvia rank among its competitors?

ZeroAvia ranks 4th amongst 51 active competitors, of which 13 are funded. It stands 2nd in terms of total funding among its competitors. The most recent competitor to raise funding was ZeroAvia, which secured an undisclosed amount in Dec, 2025.

Who are the top competitors of ZeroAvia?

ZeroAvia's top competitors include Aurora, BETA and H55. Among them, ZeroAvia secured the most recent funding round in December, 2025.

ZeroAvia - 2026 Company Profile, Team, Funding, Competitors & Financials

ZeroAvia is a series C company based in Everett (United States), founded in 2018 by Val Miftakhov. It operates as a Manufacturer of hydrogen electric propulsion systems for commercial aviation aircraft. ZeroAvia has raised $348M in funding from investors like Barclays, Horizons Ventures and Neom, with a current valuation of $*****. The company has 51 active competitors, including 13 funded and 5 that have exited. Its top competitors include companies like Aurora, BETA and H55.

Company Details

Manufacturer of hydrogen electric propulsion systems for commercial aviation aircraft. These systems utilize fuel cell technology to provide power for flight operations. The product portfolio includes powertrain components designed for integration into various airframes. These technologies aim to replace traditional combustion engines with systems that produce zero emissions during operation. The hardware supports the development of aircraft capable of regional transport and surveillance missions.

Website: zeroavia.com
Social
Email ID: *****@zeroavia.com
Registered Address: 90 Skylane Dr, Hangar 1, Hollister, CA 95023 3101 111th St SW, Suite Q, Everett, WA 98204

Key Metrics

Founded Year

2018

Location

Everett, United States

Stage

Series C

Total Funding

$348M in 14 rounds

Latest Funding Round

Series C, Dec 22, 2025, $*****

Post Money Valuation

$***** as on May 09, 2024

Investors

Barclays & 39 more

Ranked

4^th among 51 active competitors

Employee Count

223 as on Apr 30, 2026

Investment & Acquisitions

HyPoint

Similar Companies

H55 & 52 more

View ZeroAvia's full profile

ZeroAvia is associated with 2 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
Zeroavia Ltd CIN: 11613702 , United Kingdom, Active	Oct 08, 2018	-	37 (As on Dec 31, 2021)
ZeroAvia, Inc CIN: 82-3342530 , United States, Active	Dec 31, 2016	-	18 (As on Dec 31, 2021)	-

ZeroAvia has raised a total funding of $348M over 14 rounds. Its first funding round was on Sep 18, 2019. Its latest funding round was a Series C round on Dec 22, 2025 for $*****. 8 investors participated in its latest round. ZeroAvia has 40 institutional investors.

Here is the list of recent funding rounds of ZeroAvia:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Dec 22, 2025	2350112	Series C	4967128	1663113	2500618	2476456
Jul 09, 2024	6767943	Series C	2173745	1170801	9289398	The Scottish National Investment Bank & 2 more
Jan 23, 2024	3952027	Grant (prize money)	5221767	5815029	2078324	California Energy Commission

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View details of ZeroAvia's funding rounds and investors

The founders of ZeroAvia is Val Miftakhov. Val Miftakhov is the CEO of ZeroAvia.

Here are the details of ZeroAvia's key team members:

Val Miftakhov: Founder & CEO of ZeroAvia and founder of 1 other company.
Contact Info: 1 email address

ZeroAvia's Board of Directors

ZeroAvia's board has 5 active members. Sergey Kiselev, Ekaterina Akulinicheva, Christine Ourmieres-Widener, Valery Miftakhov and Matt Eggers are independent board members.

Here is the list of ZeroAvia's board of directors:

Name	Type	Representing	Status	Duration
Sergey Kiselev	Independent board member	-	Current	5y 5m
evwua{z	Independent board member	-	Current	6y 3m
bcthscb	Independent board member	-	Current	9y 1m
azkffka	Independent board member	-	Current	1y 1m
qtcwlhq	Independent board member	-	Current	3y 8m

View details of ZeroAvia's Founder profiles and Board Members

ZeroAvia's employee count trend

ZeroAvia has 223 employees as of Apr 26. Here is ZeroAvia's employee count trend over the years:

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Top competitors of ZeroAvia include Aurora, BETA and H55. Here is the list of Top 10 competitors of ZeroAvia, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Aurora 1989, Manassas (United States), Acquired	Developer of advanced aircraft and enabling technologies for government and commercial sectors	$6.85M	CYwP Funds, Enlightenment Capital & 2 others	67/100
2nd	BETA 2012, South Burlington (United States), Public	Manufacturer of electric aircraft, charging systems, and customized training programs	$1.66B	Fidelity Investments, Qatar Investment Authority ... & 15 others	66/100
3rd	H55 2015, Sion (Switzerland), Series C	Developer of electric propulsion and energy storage systems for aviation	$147M	ND Capital, RTX & 7 others	66/100
4th	ZeroAvia 2018, Everett (United States), Series C	Manufacturer of hydrogen electric propulsion systems for commercial aviation aircraft	$348M	Shell, United Airlines & 38 others	64/100
5th	Whisper Aero 2021, Crossville (United States), Series A	Developer of electric propulsion systems for aviation, defense, and commercial sectors	$39.5M	Menlo Ventures, Connor Capital & 15 others	63/100
6th	VerdeGo Aero 2017, Daytona Beach (United States), Series B	Provider of power and propulsion technologies to develop electric aircraft	$14.6M	RTX, Hatter Angel Network & 5 others	55/100
7th	Kite Magnetics 2021, Notting Hill (Australia), Seed	Manufacturer of electric propulsion for aircraft	$4.05M	Investible, SQM Lithium Ventures & 4 others	39/100
8th	OhmSpace 2021, Southampton (United Kingdom), Seed	Provider of spacecraft propulsion technology for the satellite market	$4.21M	Galaxia, Scientifica & 3 others	49/100
9th	Greenjets 2005, London (United Kingdom), Seed	Developer of electric jet engines for sustainable aviation propulsion systems	$7M	7percent Ventures, Tanglin Venture Partners ... & 12 others	48/100
10th	LaunchPoint 1992, Goleta (United States), Early Stage	Provider of hybrid electric propulsion systems and modeling software	$11.4M	National Science Foundation	48/100