IAGi Ventures led a £20.75m Series B round in OXCCU.

IAGi Ventures, the venture capital arm of International Airlines Group, led a £20.75m Series B round in OXCCU, the Oxford University spin-out, with participation from Orlen VC, Safran Corporate Ventures, Hostplus, TCVC, Clean Energy Ventures, IP Group, Kiko Ventures, Aramco Ventures, Eni Next, Braavos Capital, and the University of Oxford. "We recognise the need for the world to achieve net zero emissions by 2050 and for the aviation sector to play its part and to develop sustainably. IAG has been a leader in the sector, being the first airline group globally to commit to net zero by 2050. We are further committed to our goal of meeting 10% of our fuel needs with SAF by 2030. Meeting these goals will be supported by this investment into OXCCU, which is part of our strategy of developing new partnerships to produce next-generation fuels," Jonathon Counsell, International Airlines Group Group Sustainability Director.