ADP Invest – a startup investment fund run by French airport operator Groupe ADP – has bought a stake in Innov’ATM, which uses artificial intelligence algorithms to optimise traffic flows on the airport surface and in the air.
Working with investment fund Irdinov, Groupe ADP now aims to raise EUR1 million (USD 1.1 million) in funds for Innov’ATM. “This fundraising effort will hopefully enable Innov'ATM to accelerate its commercial and international development, strengthen its workforce, and pursue its research and development programme,” according to Groupe ADP. “The investment will enable us to accelerate the co-development of innovative solutions and their future implementation.”
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