Alaska Star Ventures

Airline Corporate Venture Capital Fund

Overview of Alaska Star Ventures

Strategic Initiative for Sustainable Aviation

Alaska Star Ventures, a newly formed LLC by Alaska Airlines, represents a strategic pivot towards embracing emerging technologies that contribute to the airline's ambitious goal of achieving net zero carbon emissions. This initiative underscores Alaska Airlines' commitment to environmental stewardship and sustainable aviation practices.

Collaborative Approach to Innovation

The formation of Alaska Star Ventures is a testament to Alaska Airlines' proactive approach in seeking out and partnering with technology innovators in the aviation sector. The inaugural partnership with UP.Partners, an early-stage investor in sustainable mobility technologies, highlights Alaska Airlines' dedication to collaborative efforts in transforming the aviation industry.

Investment Thesis of Alaska Star Ventures

Focused on Sustainable Aviation Technologies

Alaska Star Ventures is strategically positioned to invest in technologies that accelerate the transition to sustainable aviation. This includes a broad spectrum of innovations, from artificial intelligence and machine learning for route optimization to sustainable aviation fuels and environmentally friendly operational practices.

Collaboration with Industry Leaders

The venture's approach is characterized by selective and values-driven investments, in collaboration with industry leaders and stakeholders. This collaborative model not only fosters innovation but also ensures that the investments are aligned with the broader goals of sustainable aviation.

Commitment to Environmental Sustainability

Alaska Star Ventures builds on Alaska Airlines' legacy of environmental sustainability, which includes initiatives like industry-leading onboard recycling, elimination of single-use plastics, and the adoption of touchless and paperless guest experiences. This commitment is further strengthened by the airline's partnership with the Boeing ecoDemonstrator program, focusing on evaluating and testing sustainability-focused technology.

Path to Net Zero Carbon Emissions

The venture plays a crucial role in Alaska Airlines' comprehensive strategy to achieve net zero carbon emissions by 2040. By investing in and enabling technologies that contribute to this goal, Alaska Star Ventures is at the forefront of the airline's efforts to decarbonize its operations.

*Last update: November 2023