Lufthansa Group

Lufthansa Group, headquartered in Cologne, Germany, is a global aviation company operating through multiple segments. Its core business, passenger transport, is conducted via Lufthansa Passage Airlines, Austrian Airlines, SWISS, and Eurowings, along with affiliates like Brussels Airlines and SunExpress. The group's extensive network spans 273 destinations in 86 countries (Lufthansa) and 192 destinations in 60 countries (Eurowings). Additionally, Lufthansa Group offers logistics services for various cargo types, serving approximately 300 destinations in 100 countries. Its Maintenance, Repair, and Overhaul (MRO) services cater to civilian commercial aircraft, while the Catering Business segment handles in-flight sales, entertainment, and associated logistics. As of 2019, the group operated a fleet of 763 aircraft. Lufthansa Group's multihub strategy connects travelers across global hubs, enhancing travel efficiency and convenience.

Till Streichert

CFO

Gleb Tritus

Managing Director

13 past transactions

AirBaltic

Corporate Round in 2025
AirBaltic is a hybrid airline based in Riga, Latvia, founded in 1995. It operates direct flights that connect the Baltic region with various destinations across Europe, Scandinavia, the Russian Federation, CIS, and the Middle East. In addition to passenger transportation, AirBaltic provides domestic and international charter flight services, cargo transportation, and aeronautics maintenance. The airline also offers a range of vacation packages, aiming to make travel accessible and affordable for tourists. Furthermore, AirBaltic is involved in aviation training services, enhancing its operational capabilities and contributing to the aviation sector in Latvia.

SQUAKE

Seed Round in 2023
SQUAKE is a developer of a carbon emissions calculation platform aimed at promoting sustainable travel and logistics. The company offers a single application programming interface that seamlessly integrates into existing digital infrastructures, allowing businesses to perform precise carbon calculations across various activities, including air, road, sea, accommodations, and warehousing. SQUAKE's platform not only facilitates the measurement of carbon emissions but also automates the process of carbon reduction and compensation during purchasing. This includes vendor selection for sustainable alternatives, inventory management, invoicing, and credit retirement, all in accordance with national and international standards. Through its innovative solutions, SQUAKE supports businesses in their efforts to reduce their carbon footprint and engage in sustainable development initiatives.

ITA Airways

Corporate Round in 2023
ITA Airways, based in Fiumicino, Italy, is a modern airline operating with a streamlined approach compared to its predecessor, Alitalia. The airline boasts a younger fleet and has improved its cost structure, making it more competitive in the aviation market. ITA Airways has shifted away from the extensive employee benefits enjoyed in the past, focusing instead on operational efficiency. The airline also includes a loyalty program through its subsidiary, Alitalia Loyalty S.p.A., which aims to enhance customer engagement and retention. Overall, ITA Airways represents a more agile and financially sound entity in the airline industry.

NAVIT

Seed Round in 2023
NAVIT is a company that develops a mobility budget platform aimed at enhancing transportation options for employees while promoting sustainability. The platform allows users to access and book various mobility services, including scooter and car-sharing, bike subscriptions, and public transportation. By enabling companies to set a mobility budget, NAVIT provides employees with flexible and contemporary transportation solutions, helping to reduce their carbon dioxide footprint. Through its innovative approach, NAVIT addresses the dual goals of improving mobility for individuals and contributing to the fight against climate change.

Cargobase

Venture Round in 2022
Cargobase is a global cloud-based Transportation Management System built to solve tomorrow’s dynamic logistics challenges today. We offer a full-fledged modular TMS platform that covers all freight modes, is available in all major languages, and is used daily by the world’s leading shippers and logistics service providers, from SMEs to Fortune 500 companies. Core features includes: Spot-Buy Procurement, Freight Tendering, Rate Management, Freight Execution, Real-Time Visibility, Invoice Audit and Reporting & Analytics.

NAVIT

Seed Round in 2022
NAVIT is a company that develops a mobility budget platform aimed at enhancing transportation options for employees while promoting sustainability. The platform allows users to access and book various mobility services, including scooter and car-sharing, bike subscriptions, and public transportation. By enabling companies to set a mobility budget, NAVIT provides employees with flexible and contemporary transportation solutions, helping to reduce their carbon dioxide footprint. Through its innovative approach, NAVIT addresses the dual goals of improving mobility for individuals and contributing to the fight against climate change.

SQUAKE

Seed Round in 2021
SQUAKE is a developer of a carbon emissions calculation platform aimed at promoting sustainable travel and logistics. The company offers a single application programming interface that seamlessly integrates into existing digital infrastructures, allowing businesses to perform precise carbon calculations across various activities, including air, road, sea, accommodations, and warehousing. SQUAKE's platform not only facilitates the measurement of carbon emissions but also automates the process of carbon reduction and compensation during purchasing. This includes vendor selection for sustainable alternatives, inventory management, invoicing, and credit retirement, all in accordance with national and international standards. Through its innovative solutions, SQUAKE supports businesses in their efforts to reduce their carbon footprint and engage in sustainable development initiatives.

NAVIT

Seed Round in 2021
NAVIT is a company that develops a mobility budget platform aimed at enhancing transportation options for employees while promoting sustainability. The platform allows users to access and book various mobility services, including scooter and car-sharing, bike subscriptions, and public transportation. By enabling companies to set a mobility budget, NAVIT provides employees with flexible and contemporary transportation solutions, helping to reduce their carbon dioxide footprint. Through its innovative approach, NAVIT addresses the dual goals of improving mobility for individuals and contributing to the fight against climate change.

Navan

Series D in 2020
Navan is a company that specializes in corporate travel management, expense management, and corporate card solutions aimed at automating manual processes and enhancing spend visibility. By leveraging advanced technologies such as artificial intelligence and cloud computing, Navan offers a modern platform that prioritizes traveler safety while controlling costs. The company focuses on providing seamless travel booking and itinerary management, ensuring that businesses can manage their travel needs effectively and efficiently. Through its innovative approach, Navan aims to transform the traditional travel and expense management landscape by delivering high-quality service and actionable real-time data to its clients.

Hopper

Series D in 2018
Hopper Inc. is a travel technology company based in Montreal, Canada, with additional offices in Cambridge, Massachusetts, New York, and Sofia, Bulgaria. Founded in 2007 by Frederic Lalonde and Joost Ouwerkerk, Hopper has developed a mobile application that leverages big data and predictive analytics to provide users with travel recommendations. The app specializes in analyzing and forecasting airfare and accommodations, enabling travelers to secure the best deals. Hopper notifies users when flight and hotel prices are anticipated to be at their lowest, allowing them to make informed decisions about their travel plans. The company's innovative platform aims to simplify the travel booking process, making it easier for users to plan and book their trips directly from their mobile devices.

Yilu

Series A in 2018
WYilu is a smart travel platform with a broad partner ecosystem that enables seamless and reliable travel experiences. Its goal is to revolutionize the entire travel process, from the point of departure to the final destination, to provide customers with a connected, convenient and enjoyable experience while creating new growth opportunities for travel companies. To achieve this, the company is developing a smart end-to-end travel platform that connects selected travel, mobility, and service providers along the travel chain.

Brussels Airlines

Acquisition in 2016
Brussels Airlines is the flag carrier and largest airline of Belgium, headquartered at Brussels Airport. The airline specializes in providing passenger air transportation services, catering to the needs of individual travelers. It operates a range of services that include both passenger and cargo transportation across Europe. Brussels Airlines aims to facilitate a convenient and hassle-free flying experience for its customers, making it a key player in the European aviation market.

Vayant Travel Technologies

Series B in 2014
Vayant Travel Technologies Inc. specializes in airfare pricing and shopping solutions for the global travel industry. Founded in 2004 and based in Lewes, Delaware, the company offers a suite of products designed to enhance the airfare search experience for airlines, online travel agencies, tour operators, and metasearch engines. Its offerings include OneSearch, a B-to-B airfare pricing engine; FastSearch, which enables sub-second searches; and Pricing Cache, a customizable caching solution. Additionally, Vayant provides tools such as Repricer for automated ticket management, Live Pricing Emails for marketing, Price Alert for monitoring fare changes, and Pricing Intelligence for real-time pricing insights. Vayant Travel Technologies aims to deliver efficient, cost-effective solutions that help clients connect with their customers through targeted offers across various online channels. The company operates as a subsidiary of PROS Holdings, Inc. since August 2017.
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