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    United Airlines Ventures logo

    United Airlines Ventures

    Chicago, Illinois, United StatesFounded 2021

    United Airlines Ventures (UAV) is the corporate venture capital arm of United Airlines Holdings, founded in 2021 and based in Chicago. It invests in early-stage startups focused on innovative technologies with the potential to shape the future of aviation, energy transition, and travel.

    Deal activity increased 400% year-over-year (5 deals in the last 12 months). Average disclosed round size is $35.5M (across 11 rounds with reported amounts).

    Find people at United Airlines Ventures on Goldilocks AI

    Portfolio

    17

    Fund Size

    $200M

    Top Stage

    Unknown

    Last 12 Mo

    1

    Team

    Mukul Hariharan

    Mukul Hariharan

    Managing Partner

    Andrew Shen

    Andrew Shen

    Principal

    Zain Athar

    Zain Athar

    Principal

    Chris Sipos

    Chris Sipos

    Senior Associate

    Nicholas Linton

    Nicholas Linton

    Senior Associate

    Sam Coleman

    Sam Coleman

    Head of Communications and Investor Relations

    Ari Ruffer

    Ari Ruffer

    Managing Counsel

    Scott Heritsch

    Scott Heritsch

    Lead Technical Advisor and Flight Test Captain

    Portfolio Breakdown

    Stage Distribution

    Sector Distribution

    Investment Activity

    DealsAvg Round Size

    Portfolio

    18 investments
    CompanyRoundAmountDate
    Layla logoLaylaUnknownMar 2026
    Astro Mechanica logoAstro MechanicaUnknownAug 2025
    Dfinitiv Inc. logoDfinitiv Inc.UnknownAug 2025
    Blockskye logoBlockskyeSeries A$15.8MJul 2025
    aiOla logoaiOlaUnknown$25MJul 2025
    JetZero logoJetZeroUnknownApr 2025
    Heart Aerospace logoHeart AerospaceSeries B$107MFeb 2024
    Viridos logoViridosSeries A$25MJan 2024
    Dimensional Energy logoDimensional EnergySeries A$20MDec 2023
    EP Systems logoEP SystemsUnknownJul 2023
    Viridos logoViridosSeries A$25MMar 2023
    Natron Energy logoNatron EnergyUnknownNov 2022
    NNEXT Renewable FuelsUnknown$37.5MNov 2022
    ZeroAvia logoZeroAviaUnknownDec 2021
    Eve Air Mobility logoEve Air MobilitySeries A$15M
    Banyu Carbon logoBanyu CarbonSeed$6.5M
    Enhanced Radar logoEnhanced RadarUnknown$7M
    Electric Air logoElectric AirSeries B$107M

    Top Co-Investors

    Y Combinator3 shared
    Norrsken VC2 shared
    EQT Ventures2 shared
    OS Fund2 shared
    TFX Capital1 shared
    KSV Global1 shared
    Lasagna1 shared
    M121 shared
    RockCreek1 shared
    Delek US1 shared

    Last updated: 8 September 2026