Tech Company Financing Transactions
TRecs Funding Round
TRecs, based in Dubai, secured investment capital from MTU Maintenance Lease Services.
Transaction Overview
Company Name
Announced On
5/13/2026
Transaction Type
Venture Equity
Amount
Unknown
Round
Undisclosed
Investors
Proceeds Purpose
The company intends to use the funds to expand operations and its development efforts.
Company Information
Company Status
Private & Independent
Industry
Software
Mailing Address
GA-00-SZ-L1-RT-208, Level 1, Gate Avenue -- South Zone, Dubai
Dubai, Undisclosed
United Arab Emirates
Dubai, Undisclosed
United Arab Emirates
Phone
Undisclosed
Website
Email Address
Overview
TRecs is an AI-native engine lifecycle management platform purpose-built for aviation asset owners, starting with Open Item List (OIL) workflows for technical reviews, lease returns, and shop visits, and designed to extend across the full asset lifecycle. By replacing fragmented spreadsheet- and email-based workflows with a structured, auditable environment, TRecs enables lessors, MROs, banks, financial stakeholders, and airlines to track, resolve, and document open items in real time - materially reducing coordination time on every engine.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Philipp Mintchin
Chief Executive Officer
Marc Pronilow
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