Hangar 51 Ventures by IAG

What is Hangar 51 Ventures by IAG?

Hangar 51 Ventures, operated by International Airlines Group (IAG), is a corporate venture capital firm headquartered in London, England, United Kingdom.

As the investment arm of one of the world's largest airline groups, they aim to invest in and accelerate the growth of innovative startups within the aviation and travel technology sectors. Their investment thesis centers around harnessing disruptive technologies and business models that have the potential to transform the airline and travel industries.

They engage with early to mid-stage companies and provide not just capital, but also strategic support and access to IAG’s global network, which includes notable airlines such as British Airways, Iberia, Aer Lingus, and others. By doing so, they seek to foster synergies between the startups and the extensive airline operations.

Hangar 51 runs an accelerator program that focuses on a wide range of areas including, but not limited to, improving operational efficiency, enhancing the customer journey, optimizing data analytics capabilities, implementing sustainability solutions, and developing next-generation distribution platforms.

Through this VC initiative, they aim to position IAG as a leader in digital innovation in the travel industry, while generating substantial commercial and strategic value from their investments.

Their collaborative approach with portfolio companies enables these firms to fast-track product development and scale effectively with the backing of a major industry player.