Flying Whales announced that it has received Ã122 million in funding from Investissement QuTbec, Investment Arm, Societe Nationale de Financement SONAFI, Bpifrance Investissement SAS, Air Liquide, Aeroports de Paris SA and other investors
June 30, 2022
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Flying Whales announced that it has received Ã122 million in an equity round of funding on June 30, 2022. The transaction included participation from returning investors Investissement QuTbec, Investment Arm, Air Liquide, Aeroports de Paris SA, via its Aliad Venture Capital fund, new investors Societe Nationale de Financement SONAFI, Bpifrance Investissement SAS, via the French Tech Sovereignty fund. Societe Generale Assurances is joining the table alongside several family offices.
The company has raised Ã162 million in funding till date. With the transaction Investissement QuTbec, Investment Arm maintained its participation of 25% stake in the company.
Aéroports de Paris develops and manages airports, including Paris-Charles de Gaulle, Paris-Orly and Paris-Le Bourget. In 2023, the Group handled c. 99.7 million passengers at Paris-CDG and Paris-Orly, and c. 326.7 million passengers abroad. Boasting an exceptional geographic location and a major catchment area, Aéroports de Paris is pursuing its strategy of adapting and modernizing its terminal facilities, upgrading quality of services and developing retail and real estate businesses. Sales break down by activity as follows:
- supply of airport services (32.9%): air traffic management, intermodal transportation and terminal management, telecommunication spaces, and installation of airport infrastructures, etc.;
- operating sales areas and services (30.5%): shops, restaurants, banks, exchange offices, etc.;
- real estate management (5.4%): land and commercial real estate property leasing (businesses, offices, hotels, logistics buildings, passenger registration and transfer, baggage handling, aircraft management (cleaning, guidance, storage and starting assistance, aircraft loading and unloading), etc.;
- other (31.2%): including international airport management, airport engineering services, specialized telecommunications services, etc.
Flying Whales announced that it has received Ç122 million in funding from Investissement QuTbec, Investment Arm, Societe Nationale de Financement SONAFI, Bpifrance Investissement SAS, Air Liquide, Aeroports de Paris SA and other investors