Boeing, AE Industrial Partners to launch second venture fund

A model of a Boeing 777X is seen at the Farnborough International Airshow, in Farnborough, Britain, July 19, 2022. REUTERS/Matthew ChildsRegister now for FREE unlimited access to Reuters.comRegisterFARNBOROUGH, England, July 20 (Reuters) – Boeing Co (BA.N) said on Wednesday it had agreed to invest $50 million in AEI HorizonX, expanding a partnership established with private equity firm AE Industrial Partners to invest in aerospace technology startups.The new funding will anchor AEI HorizonX’s second venture fund (Fund II), which plans to raise $250 million “to support promising start-ups in future mobility, space, sustainability, digital enterprise applications, networks and security.”Boeing, which like …
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