Digital gas administration firm i6 Group has raised $20m (£15.1m) in a Sequence B spherical that included backing from British Airways proprietor Worldwide Airways Group (IAG).
The Hampshire-based firm has developed a unified cloud-based platform deployed throughout a whole bunch of airports used to view and handle gas stock, lifecycle and analytics.
“This spherical displays the sturdy momentum behind our expertise and the measurable outcomes it’s delivering for patrons worldwide,” stated Alex Mattos, co-founder of i6 Group.
“With the brand new funding, we will increase our footprint quicker and proceed shaping the way forward for digital gas administration.”
i6 Group was based in 2013 and is utilized by aviation corporations together with British Airways, JetBlue, KLM, Air Canada and Virgin Atlantic.
“Digital fueling is turning into the operational normal in aviation,” stated Steve Uhrmacher,
co-founder of i6 Group.
“This funding helps us speed up that transition by equipping airports and airways with smarter, extra related techniques that drive effectivity and cut back emissions at scale.”
The funding spherical was led by Yttrium and included participation from World Kinect and Shell Ventures alongside IAG.
“i6 has developed a novel expertise platform that’s reworking how aviation fuelling is
managed globally,” stated Tim Kindt a companion at Yttrium.
“The corporate’s sturdy progress momentum and continued help from current traders underscores our confidence in i6’s imaginative and prescient and execution, and we’re proud to companion with the group as they enter their subsequent stage of progress.”
