Unum Aircraft Seating funding news – UK-based Unum Aircraft Seating Secures €4.1 Million in Funding
Jul 9, 2024 | By Startup Rise EU
![Unum Aircraft Seating, a UK-based manufacturer of business class seats, secures €4.1 million in funding with participation from ACF Investors.](https://startuprise.co.uk/wp-content/uploads/2024/07/UK-based-Unum-Aircraft-Seating-Secures-E4.1-Million-in-Funding.webp)
Unum Aircraft Seating, a UK-based manufacturer of business class seats, secures €4.1 million in funding with participation from ACF Investors.
SUMMARY
- Unum is a reputable substitute for airline seating, revolutionising business class comfort with its clever, versatile, and dependable design.
- Unum will be able to enlarge its workforce, support business expansion, and continue researching and developing novel manufacturing techniques.
With this money, It will be able to enlarge its workforce, support business expansion, and continue researching and developing novel manufacturing techniques.
Chris Brady, CEO of Unum Aircraft Seating, said: “We want to be the most trusted aircraft seating supplier in the world and to set a new standard for passenger-focused and responsibly-made seats. This investment is a vote of confidence in our commitment to enhancing the passenger experience for business-class travellers.”
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With a predicted CAGR of 25%, the market for aeroplane interiors is expected to see a sharp increase in demand for business class seating. Unum Aircraft Seating is meeting this demand with its clever, versatile, and dependable design.
With its lie-flat chairs, airlines can accommodate the expanding business class market without compromising passenger capacity. They provide a bigger, longer bed and more roomy side furniture within the same cabin. Time to market is accelerated by the company's integrated design and internal manufacturing capabilities, which allow it to meet this rising demand.
Another essential component of Unum's seating design is sustainability. 10% of an aircraft's operating weight is made up of airline seats, and improving in-flight cabin weight can result in fuel savings of 0.65–0.85%. Unum's seats provide a way to reduce the industry's fuel expenses and emissions because they weigh 79 kg as opposed to the industry average of 110 kg.
Read also - Phyron funding news- Stockholm-based Phyron Secures €10Million in Series B Round Funding
The airline seating business it is the first to join the Green Cabin Alliance, a cross-industry coalition that promotes the decarbonisation of the interior aircraft supply chain.
Tim Mills, Managing Partner at ACF Investors, added: “Chris is a proven leader in the airline interiors industry and his track record in founding and scaling aircraft seating businesses is second to none. We’re excited to back a true industry innovator, one that prioritises sustainability and customer comfort and is delivering such an exceptional product.”
About Unum
Unum is a reputable substitute for airline seating, revolutionising business class comfort with its clever, versatile, and dependable design. Superior comfort and style are combined with a consistent passenger experience on single and two aisle aircraft with the Unum One series of lie flat, direct aisle access business class seats.
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