Aero Raises $16 Million for Air Service for Millennials: Travel Startup Funding This Week

This week, travel startups announced more than $45 million in funding. >>Aero Technologies, a private jet company, has revealed that it has raised $16 million in funding. Investors include GGV Capital and Expa, which is a startup studio, or incubator. Unlike other private jet services, Aero aims to stand out by focusing on connecting millennials with destinations that offer Instagram-worthy experiences. Two upcoming routes include a route from Oakland to the ski slopes of Telluride, Colorado, and between Mykonos, Greece, and the nightlife destination of Ibiza, Spain. Aero is building out its operation and its own fleet of aircraft, targeting a second-quarter 2020 launch of its branded service. In the meantime, Aero doesn't own or operate aircraft but instead provides ticket resale for flights on registered air carriers on selected routes. Aero will use the funding to build a mobile-first booking and ticketing system that matches up flyers who want to go to the same destination with small carriers willing to provide service. Aero has