Watch the news & stories in motion: Subscribe to WeeTracker on YouTube
The London-based jet charter marketplace – Victor, has secured another $18 million from BBA Aviation and BP Ventures in its latest round of fundraising, with participation from exisiting investors. This is followed by its $20 million Series B round, raised lately in September of 2017.
Launched in 2011 by chief executive and founder Clive Jackson, offers an on-demand jet charter service that lets you search, compare and book private jet travel. Now the company and investors have established Alyssum Group, an organisation for boosting the aviation business ecosystem.
“Victor’s first fundraising in 2012, was the start of a 10-year plan that has helped the company become the number one consumer brand and underlying e-commerce platform for the general aviation industry, and paved the way for Alyssum Group’s creation,” said Jackson.
“We are keen to support Alyssum Group in its vision to create a digital marketplace that services the entire private aviation industry, from customers to suppliers,” added Akira Kirton, managing director of BP Ventures. “The creation of the group further demonstrates our pledge to helping advance early-stage businesses whose technologies complement the wider BP business, whilst also driving carbon reductions through BP’s Target Neutral programme.”
The company had acquired US rival YoungJets in 2015.
Found the article interesting ? Follow us on Twitter to see what others are saying about it.
9500+ subscribers are getting our free newsletter on African technology, startups and innovators bi-weekly.
Made with ❤ in Africa