VC  United Airlines Ventures

https://www.united.com/ual/en/us/fly/company/ united-airlines-ventures.html





     Office Locations:

233 South Wacker Drive
Chicago, IL 60606

 

Stages:

  • Early
  • Growth
  • Seed


 

Industries:

  • Defense & Homeland Security
  • Energy & Clean Tech
  • Manufacturing & Industrial
  • Transportation & Distribution

  •  

    Description:

    United Airlines Ventures is a venture capital arm of United Airlines Holdings based in Chicago, Illinois. The firm prefers to make investments in the sustainability, aerospace, and technology sectors. United Airlines Ventures works with emerging companies from seed stage to growth stage. The venture programs seeks to help fund start-ups working to do things like decarbonize air travel, develop sustainable aviation fuel (SAF), build new planes more sustainably, and innovate through new technology. The Sustainable Flight Fund is a first-of-its-kind investment in Sustainable Aviation Fuel (SAF). SAF is an alternative to normal jet fuel with reduced lifecycle greenhouse gas (GHG) emissions. It's made from used cooking oil and agricultural waste. Starting with more than $100 million in investments from United and our partners, the fund will support start-ups working on SAF research, production and technology.



    Investment Firm Key

       VC = Venture Capital
       PE = Private Equity
       A = Angel
       I = Incubator
       MB = Merchant Bank
       VD = Venture Debt
       FI = Family Investment Office
       FOF = Fund of Funds
       ED = Economic Development Office   
       TT = Technology Transfer Office
       CVC = Corporate Venture Capital
       SEC = Secondary Purchaser
       HF = Hedge Fund/Mutual Fund
       
       
       
    COMPANY STAGEREVENUE
    Venture Capital
    Seed Stage
    (includes "pre-seed," or
    concept stage)
    No Revenue
    Early StageMinimal
    Revenue
    Growth Stage
    (also called Mid-stage)
    $2M-$7M
    Expansion Stage
    (also called Late-stage)
    $7M and greater
    Private Equity
    Lower Middle Market$10M-$249M
    Middle Market$250M-$499M
    Upper Middle Market$500M-$1B
    Large Cap>$1B
       
       
     

    Investment Team:


    Name   Title
    Get the complete investment team + individual email addresses for investment team partners. Get personal images, LinkedIn links, investment specialties, office locations and more with a National Database subscription.
    Michael Leskinen President
    Olivier Mion Managing Director

     

    Recent Funding Events (trailing 12 months):


      Date


      Name


      State


      Amount


      Stage


      12/12/2023


      Dimensional Energy


      NY


      $20,000,000


      Series A


      10/03/2023


      Electric Hydrogen


      MA


      $380,000,000


      Series C


     

    Portfolio companies include:


      Alder Fuels


      Cemvita


      Dimensional Energy
        web link


      Electric Hydrogen
        web link


      Eve Air Mobility


      Natron Energy


      Oxccu


      Svante


      Viridos


     

    Recent News: