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Avelo Raises US$42M In Series B Funding

MIAMI – Avelo Airlines (XP) has announced it has raised an additional US$42m in a Series B funding, raising XP’s invested capital base to over US$160m. While the airline raised US$125 in Series A funding in January 2020, the Series B shares sold at a significant premium. “This incremental capital is a significant vote of […]

The post Avelo Raises US$42M In Series B Funding appeared first on Airways Magazine.

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Source:: “Airways Magazine”

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