ZeroAvia, a UK- and US-based zero-emission plane maker, has added $24.3m to support the development of a 2MW hydrogen-electric engine.
Hong Kong-based venture capital firm Horizons Ventures, an existing investor and the family office for Li Ka-shing, former chairman of conglomerate CK Hutchison, led the latest funding round and was joined by new investor in flight operator British Airways.
Other investors included venture capital firms Breakthrough Energy Ventures, Ecosystem Integrity Fund, Summa Equity and Systemiq, as well as Shell Ventures,…
