SG air mobility startup lifts off with $300k in pre-seed money

SG air mobility startup lifts off with $300k in pre-seed money

Tech in Asia·2021-11-10 17:00

Yugo Private Aviation, a Singapore-based air mobility startup, has raised US$300,000 in a pre-seed funding round from three family offices – Bellone InvestNegocia Capital, and LCH Investment – as well as global angel investors.

Founded in February 2020, Yugo offers an on-demand proprietary digital booking system to facilitate private flights via jets and helicopters. Some international routes where the company provides its services are Kuala Lumpur to Dubai, Jakarta to Dubai, Manila to Melbourne, and Phnom Penh to Bangkok, Guangzhou, and Hong Kong. Its fleet includes aircraft from aviation firms such as Gulfstream, Cessna, Dassault, Airbus, and Bell.

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