IAGi Ventures (Formerly Hangar 51)

Airline Corporate Venture Capital Fund

Overview of IAGi Ventures

IAGi Ventures, formerly known as Hangar 51 Ventures, is the venture capital arm of International Airlines Group (IAG). It marks a bold shift in the aviation industry’s approach to innovation and investment. Far more than just a financier, IAGi Ventures acts as a catalyst for transformative change within the travel sector. Its mission goes beyond traditional venture capital, emphasizing the development of cutting-edge technologies that enhance the travel experience while addressing environmental challenges. In 2025, IAG launched IAGi Ventures with a commitment of €200 million over five years to invest in promising startups. The former Hangar 51 accelerator program has been rebranded as the IAGi Accelerator, and IAGi Ventures collaborates closely with it to identify and potentially fund startups that align with IAG’s strategic goals. Notably, Matthew Ridley, who led Hangar 51 since 2017, stepped down in 2024.

Operational Excellence and Global Reach

At the nexus of technology and aviation, IAGi Ventures has positioned itself as a truly global player, reaching beyond borders to discover and nurture groundbreaking innovations. Its investment portfolio showcases a dedication to operational excellence and strategic vision, targeting early-stage startups poised to disrupt and elevate the aviation ecosystem.

IAGi Ventures Investment Thesis

Dual-Themed Investment Focus

• Sustainable Travel: Reflecting the industry’s increasing focus on environmental responsibility, IAGi Ventures prioritizes startups delivering sustainable solutions. This includes technologies that boost ecological efficiency and create a lasting, positive impact on travel practices.

• Transformational Travel: The venture arm invests heavily in innovations that overhaul airline operations and elevate customer experiences. This theme supports entrepreneurial ventures leading the charge in reshaping the future of air travel.

Criteria for Strategic Investments

IAGi Ventures employs a meticulous investment strategy, targeting startups that align with IAG’s strategic priorities and promise significant industry influence. Key criteria include:

• Innovative Edge: A preference for startups offering pioneering solutions that deliver substantial value to customers and improve operational efficiency.

• Scalability and Agility: A focus on companies that can scale rapidly and adapt in a dynamic, fast-paced industry.

• Excellence in Execution: Partnerships with teams demonstrating exceptional talent and the ability to push industry standards to new heights.

Additionally, IAGi Ventures focuses on early-stage startups, from seed to Series B, with investment amounts ranging between £500,000 and £10 million per company.

Last update: March 13, 2025