Assaia raises $26.6M Series B to boost AI for airport operations
Zurich-based aviation technology company Assaia has secured $26.6 million in a Series B funding round led by Armira Growth. This investment highlights the growing importance of AI-driven solutions in the aviation industry, particularly as airports globally face increasing passenger volumes and operational challenges. The funding will fuel expansion and development of advanced technologies. Assaia's platform uses AI and computer vision to give airports and airlines comprehensive control over aircraft turnaround operations. Their solutions predict issues, automate processes, and enhance operational performance, reducing delays and improving gate utilization. The technology is already deployed at major international hubs, including New York JFK, London Heathrow, and Dubai International. The investment enables Assaia to scale its AI platform globally and introduce new solutions for airports, airlines, and ground handlers. A portion of the funding will support the rollout of StandManager, an AI-powered planning module for optimizing gate assignments. This will help improve efficiency and predictability, especially in high-traffic environments. This funding round represents a significant step towards the wider adoption of AI in aviation, with the potential for more efficient and sustainable airport operations. Assaia's continued growth could contribute to the advancement of digital transformation within the European aviation sector.
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