Avionero secures SEK 5M for launching an online travel platform
Avionero, a Malmö, Sweden-based startup working on a product that agreggates cheap airline tickets, secured SEK 5M ($640k) in outside capital.
The money comes from a range of local investors, including Peter Benson, Patric Blixt, Micco Grönholm, Christian Jeppsson and Daniel Somos, and will be used to prepare for launching the company's platform, expected in 2018.
Avionero, founded in 2015 by Lars Kristensson (CEO) and Anton Tyulenev, developed a platform which provides access to cheap tickets by using artificial intelligence for smart suggestions tailored to the usual patterns of the user.
Avionero also raised SEK 1.3M ($161k) in 2017.