Publishing World News

ZeroAvia’s mission to transition the world to zero-emission, hydrogen-fueled flight picked up a significant tailwind today as the startup announced $21.4 million in new funding in a Series A round. Breakthrough Energy Ventures and Ecosystem Integrity Fund led the raise, with follow-on investors Amazon Climate Pledge Fund, Horizons Ventures, Shell Ventures, and Summa Equity. In addition, the company established a partnership with British Airways and received approval for new UK government funding through the ATI Programme to deliver an additional $16.3 million of non-dilutive funding breakthrough 19-seat hydrogen-electric powered aircraft that is market-ready by 2023. The latest announcement brings the total new funding to $37.7 million and the total funding since inception to $49.7 million...
During the meeting, CEOs of sovereign wealth funds and asset managers made Statements of Support to drive the Task Force on Climate-Related Financial Disclosures (TCFD) recommendations as a global reporting standard. These financial institutions, with over $30 trillion in assets under management and ownership, have aligned behind the One Planet Sovereign Wealth Funds (OPSWF) Framework...