IAG launches €200m venture fund to drive innovation
March 15, 2025
International Airlines Group (IAG) has announced plans to invest up to €200 million over the next five years through its new corporate venture arm, IAGi Ventures.
The initiative is one of the most significant investments of its kind in the aviation sector and the largest by any European airline group.
IAGi Ventures said the focus will be on businesses developing technologies that address the aviation industry’s most pressing challenges, ensuring long-term value creation for IAG’s operations.
Jorge Saco, IAG’s Chief Information, Procurement, Services and Innovation Officer, said: “Adopting new technologies will improve our business and the value we generate, which is why we are seeking to work with and learn from top innovators through venturing. By launching venturing, alongside our accelerator programme, we plan to work with the best start-ups and scale-ups tackling today’s challenges.”
IAGi Ventures will operate alongside IAG’s established accelerator programme, which has been supporting aviation start-ups since 2016.
Rebranded as IAGi Accelerator, the programme provides participating companies with opportunities to design and run proof-of-value tests, collaborating with industry experts to validate and refine their solutions in real-world aviation environments. Applications for this year’s programme are set to open later this month.
