OpenAirlines, a Toulouse, France-based developer of eco-flying software, raised €1m in second funding.
Backers included French investment fund Alter Equity3P and Bpifrance (which provided a €500k loan).
The company intends to use the funds to accelerate the SkyBreathe development towards a use of the software in the cockpit, in real time, while nowadays the software is only used by pilots before or after their flights.
Led by Alexandre Feray, CEO and founder, OpenAirlines provides software solutions to optimize flight operations to save fuel (SkyBreathe®), manage crews (CrewIntelligence™ and CrewPad™) and fleet (OptiFleet™). The SkyBreathe solution is today installed on more than 26 airlines including Atlas Air, Cebu Pacific, Flydubai, Hop!, Icelandair, Royal Air Maroc, Transavia, Volotea, Wow and recently Malaysia Airlines.