Beond Holdings, a Dubai, UAE-based leisure airline company, raised US$13M in Pre-Series A funding.
Participants in the Pre-Series A round include family offices, angel investors, and strategic partners. The news follows Beond’s US$17M Seed round in August 2023 and the launch today of a US$25M Series A round.
The company intends to use the funds to expand its growth plans, including the team, scaling marketing and sales efforts, and securing more capacity.
Led by CEO Tero Taskila, Beond is a leisure airline company offering experiences for today’s modern travellers from various destinations with aviation and luxury travel innovations.
In November, Beond launched commercial passenger services from Munich, Zurich, and Riyadh to Malé, Maldives, the airline’s first hub.
Commenting on the news, Tero Taskila said: “Beond is moving from strength to strength. Our Pre-Series A Round was very successful, and we expect even more interest for our Series A funding round that launches today.”
FinSMEs
06/12/2023