The jet chartering marketplace has secured funding in a BP and BBA-backed round that will fund the launch of an umbrella entity called Alyssum Group.
UK-based jet chartering marketplace operator Victor has received $18m in funding from oil and gas supplier BP’s corporate venturing unit, BP Ventures, aviation services provider BBA Aviation and unspecified existing investors.
Founded in 2011, Victor provides an on-demand jet chartering service that enables users to choose a jet from about 200 partner flight operators based on price and aircraft specifications.
The funding will go to establishing Alyssum Group, an investment vehicle that will connect disparate parts of the aviation industry…