Mirai Flights secures £2.4m from Xploration Capital to expand private jet booking platform.
Xploration Capital led the seed round, which will fund platform development and international expansion.
Mirai Flights operates a digital platform for booking private charter flights with transparent pricing across multiple regions. The service connects travellers with private jets and manages reservations instantly.
Mirai Flights has secured £2.4m in seed funding from Xploration Capital to expand its private aviation booking service. The fresh capital will be directed towards scaling operations across the UK, Europe, the United Arab Emirates, and the CIS states, alongside marketing efforts and platform development.
The company operates an application available in 63 countries that connects clients directly with private airlines, offering flexible departure options and transparent pricing. Following the investment, Xploration Capital Managing Partner Igor Kim will join the board of directors.
From the founder
"We estimate that the market for commercial flights on private aircrafts is up to 300,000 flights a year or approximately $10 billion in the UK and Europe. Our aim is to cover 4% of this market and provide up to 12,000 commercial flights per year in the UK and Europe in 2023, connecting 150 private jets to the app with the expected turnover of $240 million."
Irakli Litanishvili
Co-founder and CEO at Mirai Flights
Investor perspective
"We are targeting emerging markets and the business aviation industry is a great example of a highly fragmented space with largely antiquated consumer-facing technology"
Igor Kim
Managing Partner, Xploration Capital
Use of funds
- 01Expand into international markets
- 02Invest in sales and marketing
- 03Continue product development