i6 Group Limited, a Farnborough, England, UK-based provider of fuel management software for the aviation industry, secured a Series A funding round of undisclosed amount.
Backers included International Airlines Group (IAG), Shell, World Fuel Services and JetBlue Technology Ventures.
The company intends to use the funds to continue its market expansion and accelerate new product development.
Founded in 2013, i6 provides a cloud-based, digital fuel management platform that enables fuel suppliers, airports, into-plane agents and airlines to plan, control, monitor and optimize fuelling operations. The platform covers the entire fuel supply chain from “refinery to wing–tip.” The technology, which also has the potential to expand to verticals in adjacent markets, such as military, logistics and retail, is now deployed at over 150 international airports, including; London Heathrow, Amsterdam, Toronto Pearson, Boston Logan International, Dubai International and Bangalore.