Victor, a London, UK-based private jet charter marketplace, raised $18m additional investment.
The round was co-led by BBA Aviation, BP Ventures and existing shareholders.
The company will use the funds to form the newly-created new investment vehicle Alyssum Group. The corporate restructure will see Victor operating under Alyssum Group, which will pursue acquisitive strategy within general aviation sector.
Led by Victor Founder & CEO Clive Jackson, who has been appointed Group Chief Executive Officer, Alyssum Group aims to connect a wide variety of important stakeholders within the fragmented general aviation sector by creating a global, digitally-driven ecosystem for operators, re-sellers (brokers) and other service providers (including those within the fields of flight-planning and aviation fuel supply). It will be headquartered in London, alongside the head office of its lead brand Victor.