IAGi Ventures
Corporate Venture Fund for IAG, supporting new tech and business models in travel and sustainability.
IAG Innovation operates as a global travel technology accelerator, focusing on the aviation sector. The company collaborates with startups and scale-ups to pilot new technologies that address significant challenges within the industry. Through a 12-week proof of value program, these emerging companies work directly with IAG's airlines or group companies to test and implement their solutions. IAG Innovation provides not only financial investment but also access to industry experts who offer guidance and networking opportunities. The business model revolves around scouting, testing, and scaling new technologies, with a strategic emphasis on transforming aviation operations. IAG Innovation's clients primarily include startups and scale-ups in the travel and aviation technology space, seeking to leverage IAG's extensive network and expertise. The company generates revenue through its corporate venturing arm, IAGi Ventures, which plans to invest significantly in high-potential companies over the next five years. Keywords: aviation, accelerator, startups, scale-ups, proof of value, strategic investment, travel technology, corporate venturing, industry experts, transformation.