British Airways owner IAG launches new venture arm; plans to fuel high-flying aviation companies with 200M - Silicon Canals
Briefly

International Airlines Group (IAG) has announced a significant investment of up to €200M over the next five years through its new venture arm, IAGi Ventures. This initiative aims to sponsor promising companies in the aviation sector, focusing on customer experience, operational efficiency, and sustainability. The strategic direction emphasizes data-driven investments that promise long-term value. In conjunction with its IAGi Accelerator, the venture arm seeks to collaborate with innovative start-ups, addressing key challenges faced by the aviation industry while fostering technological advancements.
IAG's investment strategy will focus on financial discipline, prioritising data-driven and strategic investments that create long-term value for its businesses.
By launching venturing, alongside our accelerator programme, we plan to work with the best start-ups and scale-ups tackling today's challenges.
Read at Silicon Canals
[
|
]