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Aircon startup raises US$3 million to consolidate air cargo sector
来源：shippingazette 编辑：编辑部 发布：2023/08/29 16:50:47
DALLAS-BASED air freight consolidation company Aircon has secured seed funding that will enable it to invest in industry partnerships, grow its artificial intelligence infrastructure and expand, reports London's Air Cargo News.
"We are challenging the status quo of long-term dominance by large established players and offering small and medium forwarders a seat at the table for the very first time," said Aircon founder and CEO Chris Condon.
"Through consolidation, we are in a unique position to contribute to the long-term growth and sustainability in the air cargo space," Mr Condon said.
Aircon, which uses AI to identify opportunities across air freight shipments to maximise space and weight utilisation and reduce costs, has closed a US$3.3 million seed money led by Underscore VC.
Aircon plans to transform a "highly fragmented and inefficient" air cargo industry through consolidation. Through its network of shared air cargo gateways, Aircon combines shipments leveraging AI and machine learning to consolidate cargo heading to the same destination while optimising space on aircraft.
This enables forwarders of all sizes to have access to consolidation options worldwide, creating operating efficiencies and improving margins.
Aircon provides an instant quote and aims to simplify the entire air freight booking, monitoring and cost-cutting process.
The Aircon algorithms pool shipments that combine dense and voluminous cargo to achieve the master consolidation available while passing the "net effect" of savings back to the freight forwarder.
"Aircon was founded to allow forwarders of all sizes access to consolidation options worldwide with a unified goal toward giving the freight forwarders they partner with, a competitive edge," said Mr Condon.
Said Underscore VC's John Pearce: "When we first met with the Aircon team, we were blown away by the depth of their knowledge in the air freight industry along with their vision for Aircon to digitise the industry."
"We are challenging the status quo of long-term dominance by large established players and offering small and medium forwarders a seat at the table for the very first time," said Aircon founder and CEO Chris Condon.
"Through consolidation, we are in a unique position to contribute to the long-term growth and sustainability in the air cargo space," Mr Condon said.
Aircon, which uses AI to identify opportunities across air freight shipments to maximise space and weight utilisation and reduce costs, has closed a US$3.3 million seed money led by Underscore VC.
Aircon plans to transform a "highly fragmented and inefficient" air cargo industry through consolidation. Through its network of shared air cargo gateways, Aircon combines shipments leveraging AI and machine learning to consolidate cargo heading to the same destination while optimising space on aircraft.
This enables forwarders of all sizes to have access to consolidation options worldwide, creating operating efficiencies and improving margins.
Aircon provides an instant quote and aims to simplify the entire air freight booking, monitoring and cost-cutting process.
The Aircon algorithms pool shipments that combine dense and voluminous cargo to achieve the master consolidation available while passing the "net effect" of savings back to the freight forwarder.
"Aircon was founded to allow forwarders of all sizes access to consolidation options worldwide with a unified goal toward giving the freight forwarders they partner with, a competitive edge," said Mr Condon.
Said Underscore VC's John Pearce: "When we first met with the Aircon team, we were blown away by the depth of their knowledge in the air freight industry along with their vision for Aircon to digitise the industry."