Funding round
Air France Industries KLM Engineering & Maintenance Growth
Reported as "Growth Equity"
Air France Industries KLM Engineering & Maintenance, which works in aircraft maintenance, repair, and overhaul services in France, raised $560M in a Growth round announced on 14 Jul 2023. 1 firm took part.
$560M
Amount raised
500,000,000 EUR converted
Not disclosed
Post-money valuation
1
Investors
no lead named
Valuation
What this round says about the price
Air France Industries KLM Engineering & Maintenance did not disclose a valuation in this round. It is Air France Industries KLM Engineering & Maintenance's first venture round on record, 104 years after it was founded in 1919. No later venture round is on record for Air France Industries KLM Engineering & Maintenance.
Air France Industries KLM Engineering & Maintenance's funding rounds
This is the only venture round on record for Air France Industries KLM Engineering & Maintenance.
- Growth this round 14 Jul 2023 $560M
Investors
Who put money in
1 firm took part; no lead investor was named.
Investors
- Apollo backs 41 venture-backed companies
Use of proceeds
What the money is for
According to the announcement, the money goes to scaling operations and working capital.
- Scaling operations
- Working capital
Comparable rounds
How it compares
The closest in time: 2 in Aircraft Parts & Services, then Growth rounds in any sector within 6 months:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Aircraft Parts & Services | 11 May 2023 | $44M | not disclosed | European Investment Bank |
| Aircraft Parts & Services | 25 Jan 2023 | $770M | not disclosed | not named |
| Renewable energy companies | 22 Jul 2023 | $257M | not disclosed | CVC DIF |
| Pharmaceutical Products | 3 Jul 2023 | $152M | not disclosed | not named |
| Batteries | 17 Jul 2023 | $150M | not disclosed | Korea Investment Financial Holding and KDB Investment |
| OneTrust Tech Companies | 24 Jul 2023 | $150M | $4.50B | Generation Investment Management |
| Loans & Financing | 9 Jul 2023 | $146M | not disclosed | Multiples |
| Banks & ATMs | 24 Jul 2023 | $111M | $1.83B | not named |
Sources
Where this comes from
Reported by 1 source.
Questions
Frequently asked
How much did Air France Industries KLM Engineering & Maintenance raise in its Growth round?
Air France Industries KLM Engineering & Maintenance raised $560M in its Growth round, announced in Jul 2023.
Which investors took part in Air France Industries KLM Engineering & Maintenance's Growth round?
Apollo.
What was Air France Industries KLM Engineering & Maintenance's valuation at the Growth round?
It was not disclosed.