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Incubator/Accelerator
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hangar51.com

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Investments

41

Portfolio Exits

2

About Hangar 51

Hangar 51 is International Airlines Group's accelerator program where startups receive mentoring from senior management and external mentors, and are able to trial their products globally.

Hangar 51 Headquarter Location

338 City Road

London, England, EC1V 2PY,

United Kingdom

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Hangar 51 Rank

Research containing Hangar 51

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CB Insights Intelligence Analysts have mentioned Hangar 51 in 1 CB Insights research brief, most recently on Oct 15, 2020.

Latest Hangar 51 News

[VIDEO] SkyLights Selected for Hangar 51 Global Accelerator Program

Oct 2, 2018

Image via Hangar 51 APEX Insight: The third iteration of IAG’s Hangar 51 global accelerator program is taking place in London between now and the end of the year. Ten aviation-related start-ups will be taking part. SkyLights is one of ten companies to have been selected to participate in the latest Hangar 51 global accelerator program being run by International Airlines Group (IAG) in collaboration with British Airways, Avios and IAG Cargo. The in-flight entertainment company, which specializes in headsets that provide passengers with immersive 2-D, 3-D and 180-degree cinema experiences as well as virtual reality content , successfully pitched its products to a judging panel in early September. For the next 10 weeks, SkyLights will be based in London to work with mentors and experts from IAG Group, where it will have access to the resources needed to develop, shape and test its products. At the end of the program, the company will then take part in a demo day in the UK’s capital city on December 14, 2018. “Hangar 51 enables startups to accelerate their business growth through mentorship and access to one of the world’s largest airline groups,” explained Dupsy Abiola, IAG’s head of Global Innovation and one of the program’s mentors. “It’s a fertile ground for start-ups because they can be eyeball-to-eyeball with us and IAG has the opportunity to explore new applications in areas of emerging technology and user experience.” Other start-ups selected for the 2018 iteration of the Hangar 51 global accelerator program include: 30K A US-based start-up with an application programming interface (API) that enhances flight search results by detailing the mileage earning and frequent flyer benefits of each fare. Assaia A Swiss startup which feeds airport ramp video footage into the airlines’ networks to improve aircraft turnaround times. Biobeat An Israeli startup that has created a wearable medical monitoring device suitable for passengers, pilots and cabin crew. Emu Analytics LuckyTrip An app which allows travelers to find unique trips with one tap using artificial intelligence (AI). Users set a budget, tap the “Lucky” button and can immediately see hundreds of destinations in Europe. Mobilus Labs SATAVIA SATAVIA has created a cloud-based platform that provides airlines with a combination of satellite earth observation data, numerical weather prediction and aircraft tracking to allow the aviation industry to make more intelligent decisions in terms of optimizing maintenance and flight operations. Signol Signol has developed software which analyzes operational data and provides feedback to pilots to improve fuel efficiency and help reduce CO2 emissions. Soter Analytics A company which specializes in wearable health devices for airport ramp operations staff with the aim of preventing physical injuries in workplaces. Previous Hangar 51 participants include Volantio , which received funding from IAG following the 2017 program in Madrid. Related content

Hangar 51 Investments

41 Investments

Hangar 51 has made 41 investments. Their latest investment was in Zamna as part of their Seed VC on October 10, 2019.

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Hangar 51 Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

10/26/2019

Seed VC

Zamna

$5M

No

11

10/19/2019

Incubator/Accelerator

SynapseMX

Yes

1

10/17/2019

Incubator/Accelerator

Whispr

Yes

1

10/17/2019

Incubator/Accelerator

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$99M

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10

10/17/2019

Incubator/Accelerator - II

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$99M

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10

Date

10/26/2019

10/19/2019

10/17/2019

10/17/2019

10/17/2019

Round

Seed VC

Incubator/Accelerator

Incubator/Accelerator

Incubator/Accelerator

Incubator/Accelerator - II

Company

Zamna

SynapseMX

Whispr

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Amount

$5M

$99M

$99M

New?

No

Yes

Yes

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Co-Investors

Sources

11

1

1

10

10

Hangar 51 Portfolio Exits

2 Portfolio Exits

Hangar 51 has 2 portfolio exits. Their latest portfolio exit was Migacore Technologies on March 11, 2021.

Date

Exit

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Acquirer

Sources

3/11/2021

Acquired

7

00/00/0000

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10

Date

3/11/2021

00/00/0000

Exit

Acquired

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Companies

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Valuation

Acquirer

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Sources

7

10

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