United raises $200 million for sustainable aviation venture fund

Read the full story at ESG Today.

United Airlines announced today that it has grown its sustainable aviation fuel (SAF)-focused investment fund, the United Airlines Ventures Sustainable Flight Fund, to nearly $200 million, and added eight new corporate partners to the fund.

Launched earlier this year with commitments of over $100 million of investments from United, and inaugural partners including Air Canada, Boeing, GE Aerospace, JPMorgan Chase, and Honeywell, the fund invests in and supports startups focused on SAF research, technology and production.

New partners joining the fund include American Express Global Business Travel (Amex GBT), Aramco Ventures, Aviation Capital Group, Bank of America, Boston Consulting Group (BCG), Groupe ADP, Hawaiian Airlines and JetBlue Ventures.

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