venyo

Venyo is a Belgium-based developer of professional fixed-base flight simulators for civil jet aircraft.

Business Model:

Revenue: $412k

Employees: 2-10

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Detailed venyo Information

Geographic Data

venyo headquarters map

Address:

City: Gosselies

State: Hainaut

Zip:

Country: Belgium

Financial Info

Stage:

series unknown

Raised Last:

$0

Raised Total:

$197k

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0Website Global Rank

0Website Monthly Traffic

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Description

Since 2009, VENYO has been working on a revolutionary B737NG Fixed Base Simulator (FBS) which was revealed and made its “World Premiere” at the Paris Air Show in 2013. It was the very first time that the aeronautical industry was able to view an innovative and fully functional flight simulator operated on site at Le Bourget. Being qualified as a “Game Changer” by the professional community not only confirmed but encouraged VENYO’s intention to continue to invest and move from concept to commercialization. As professionals in aviation training, we’ve understood that high-quality Fixed Base Simulators (FBS) like ours are now in demand to off-load training tasks at an unrivalled budget that would otherwise be done in an expensive Level D Full Flight Simulator (FFS). Designed from day one for the highest level of certification for a motionless training device, we are proud to provide a solution to the pilot shortage with a product allowing you to increase simulator training hours without extra costs. ‘Power-by-the-Hour’ rental model is as some may say a ‘disruptive’ approach to the market. Our flexible, monthly billing includes a minimal contractual number of hours or metered fees (if minimum is exceeded) at a predefined hourly rate. The idea is to offer a simulator at your premises which is constantly maintained to premier standards, with no hidden fees. Our goal is to offer more flexibility for the customer in terms of adjusting to the ongoing market changes in technology and training capacity. Our simulator is easy to install and to operate. It doesn’t require an empty FFS bay and a nuclear power plant nearby. Look at how one of our partners simply installed our training device in a maintenance hangar.

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Announced Date Company Transaction Money Raised
Announced Date Transaction Number of Investors Money Raised Lead Investors
6/2018 Venture Round 1 - S.R.I.W.
S.R.I.W.
1/2007 Seed Round $197.3k
6/2018 Venture Round 1 - S.R.I.W.
S.R.I.W.
Announced Date Name Price

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