On September 12, 2024, hydrogen aviation startup ZeroAvia announced that it has extended its Series C funding round with an additional £20m (approximately US$26.2 million) from the Scottish National Investment Bank. 

This amount adds to the current Series C round, which was announced in November 2023. However, the original US$116 million raised during this round has since kept growing.  

In July 2024 American Airlines, International Airlines Group (IAG) and ITOCHU Corporation announced additional investment in ZeroAvia, which together with the Scottish investment takes the total to the US$150 million mark.  

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