Aero Technologies has secured capital of $65 million, comprising $50 million in Series B funding and $15 million in convertible notes, for a total post-money valuation of $300 million. The funding round was co-led by AlbaCore Capital Group and returning investors Expa and Keyframe Capital, with new investment from Capital One Ventures.

Aero serves premium leisure travellers through private terminals and with personalised concierge services to curated destinations within the US and Europe. It operates a fleet of 16 seat ERJ135 and Legacy 600 aircraft for charter. Series B funding will be used to drive the company's global market expansion and to further answer increased demand on existing routes. Currently, Aero offers flights to Aspen in Colorado, Los Cabos in Mexico and Sun Valley in Idaho from private US terminals at Van Nuys airport in Los Angeles and San Francisco International airport, as well as European destinations Ibiza, Mykonos and Nice from London's Farnborough airport.

“I am really excited to announce Aero's Series B raise to further ignite growth and expand into new markets. Aero's success over the last few years highlights that customers in both the US and Europe have been waiting for the Aero travel experience,” says ceo Uma Subramanian. “Aero is growing fast, and we look forward to bringing the experience to new markets in the coming months.”

“Aero has consistently delivered an unforgettable flying experience and proven to be a leader in the next chapter of premium air travel,” says Keyframe Capital chief investment officer John Rapaport. “Aero has built a recognisable brand and a thoughtful jet service that customers love. We are excited to continue building upon their successes and to be by their side to develop next-level global air travel experiences.”