Image for post
Image for post
Zero emissions travel is becoming a hot sector for investors to push into. (Image: Ampaire)

ZeroAvia, raised a $37.7M Series A, backed by some big investors, including Breakthrough Energy Ventures, Amazon Climate Pledge Fund, Shell Ventures, and Ecosystem Integrity Fund. ZeroAvia is building a hydrogen-powered, zero-emission powertrain for commercial air travel.

Why does this matter?

What’s next?

Thoughts
Electrification of aviation will gradually gain market share, primarily in the form of hybrids. As this shift occurs, other pieces of the ecosystem will play a big part — from power density of batteries to hydrogen production and infrastructure. For long term success, collaboration is needed, especially between innovators, airports, and utilities.

This newsletter went out first to readers of The Impact, an Op-Ed email newsletter focused on cleantech that is written by analysts, founders and executives in the industry. Check it out and subscribe here.

Written by

Impact Investment Analyst at One World | Startup Weekend Facilitator | Climate Tech Enthusiast

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store