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Announced

Completed

Stage 2 Capital led a $12.6 Series A funding round in AeroCloud.

Financials

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Transaction Value£10m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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Tags

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Cross Border

Venture Capital

Software

airport management software

Private Equity

Acquisition

Private

Completed

Minority

Single Bidder

Friendly

United Kingdom

Synopsis

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Stage 2 Capital, a venture capital firm, led a $12.6 Series A funding round in AeroCloud, a cloud-native airport management software startup, with a participation from Triple Point Ventures, I2BF Global Ventures, Praetura Ventures, Playfair Capital, Haatch, and Starburst Ventures. “We may deal mainly with passenger airplanes now, but we believe the addition of booming cargo air traffic post-COVID and the introduction of drones in the next 5-10 years time will also benefit from our network and this data,” George Richardsonn, AeroCloud Co-Founder and CEO.

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