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Boeing and AE Industrial Partners launch second venture fund

Boeing has made a $50 million investment in AEI HorizonX, a partnership the company established with private equity firm AE Industrial Partners to invest in transformative aerospace technologies.

The new funding will anchor AEI HorizonX’s second venture fund (Fund II), which plans to raise $250 million to support promising start-ups in future mobility, space, sustainability, digital enterprise applications, networks and security.

Since its inception in 2021, the AEI HorizonX portfolio has achieved five IPOs (initial public offerings) and exits. The venture capital group’s current portfolio features 51 global investments, including companies that are driving innovations in artificial intelligence and machine learning, developing solutions to reduce aerospace’s climate impact, and optimising data insights across factories, products and services. The diverse portfolio features startups from across the US, Europe, Asia and Australia.

Aside from providing capital, AEI HorizonX has helped its portfolio companies accelerate their progress by connecting them with Boeing’s broad capabilities and global market reach. AEI HorizonX also partners with Boeing on the company’s global accelerator – Aerospace Xelerated – a program that supports seed-stage innovation across the aerospace industry.

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