Aircraft developer Zeroavia has secured the backing of the UK infrastructure bank in its latest fundraising round, as it looks to build hydrogen-electric engines for low-carbon flying. The firm, which has bases in London, Kemble and California, said it had raised a total of $116m (£91.9m) in Series C funding from a number of investors, including £32m from the UK’s state-owned infrastructure investment bank. Zeroavia also secured backing from Airbus, Barclays Sustainable Impact Capital and the Saudi-backed NEOM Investment Fund.…
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