Unum Aircraft Seating raised £3.5M for developing lighter, more sustainable aircraft business seats
Jul 09, 2024•about 1 year ago
Amount Raised
£3.5 Million
Investors
Acf Investors
Description
Unum Aircraft Seating, a UK-based manufacturer of aircraft business class seats, raised £3.5 million to develop lie-flat seats that offer a wider, longer bed and more spacious side furniture within the same cabin, allowing airlines to cater to the growing business class market without sacrificing passenger capacity. The company also received regulatory approval from the Civil Aviation Authority (CAA) and moved its operations to a new London Gatwick factory facility.
Funding Insights
Based on industry dataVC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers