UK-based airport technology provider AeroCloud has raised $12.6 million in Series A funding led by US fund Stage 2 Capital, with 12BF Global Ventures, Triple Point Ventures and Praetura Ventures also involved in the round along with Playfair Capital and Haatch.
The latest funding takes AeroCloud to $16 million raised, money it said would "support a doubling down on the airport management software revolution".
Founded by former professional racing driver George Richardson and airport operations innovator Ian Forde-Smith. AeroCloud uses technology such as artificial intelligence and machine learning in tandem with hardware "to solve the complex challenges airports face daily".
The platform "enables everything from faster passenger processing times to improved self-service check-in and bag drop and facilitates increased communication between stakeholders", Aerocloud said in a statement announcing the fundraising.